How do i file an ira contribution from my ira to my husbands ira on turbotax

Forum|Forum|7 years ago
June 4, 2019
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TurboTax Premier Online

Best answer by fanfare

You have a deduction this year 2016 for your contribution if designated for 2016. You will have a taxable distribution next year 2017 for the same amount. This is not a rollover.

macuser_22

Alumni - Champ

Explain what you mean. You cannot transfer funds from one persons IRA to another persons IRA that is not permitted.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

dfarmer53Author

Level 2

i rolled $6500 from my trad ira to my husbands trad ira this month, before the april deadline

dfarmer53Author

Level 2

the merrill lynch rep told me i had until april to contribute the $6500 from my trad ira to my husbands trad ira. I am already retired but my husband did not retire until august, so he had earned income

fanfareAnswer

Level 15

You have a deduction this year 2016 for your contribution if designated for 2016. You will have a taxable distribution next year 2017 for the same amount. This is not a rollover.