topic Can my wife take an ira deduction for contribution made at her job? See is over 701/2 but I understand the deduction should be allowed. in Retirement tax questions

topic Can my wife take an ira deduction for contribution made at her job? See is over 701/2 but I understand the deduction should be allowed. in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/can-my-wife-take-an-ira-deduction-for-contribution-made-at-her-job-see-is-over-701-2-but-i/01/380538#M33962 turbotax program does not allow for this yet my accountant says it is deductible Tue, 04 Jun 2019 00:55:19 GMT user7216879 2019-06-04T00:55:19Z Can my wife take an ira deduction for contribution made at her job? See is over 701/2 but I understand the deduction should be allowed. https://ttlc.intuit.com/community/retirement/discussion/can-my-wife-take-an-ira-deduction-for-contribution-made-at-her-job-see-is-over-701-2-but-i/01/380538#M33962 turbotax program does not allow for this yet my accountant says it is deductible Tue, 04 Jun 2019 00:55:19 GMT https://ttlc.intuit.com/community/retirement/discussion/can-my-wife-take-an-ira-deduction-for-contribution-made-at-her-job-see-is-over-701-2-but-i/01/380538#M33962 user7216879 2019-06-04T00:55:19Z Are you sure it's an IRA, and not a 401(k)? https://ttlc.intuit.com/community/retirement/discussion/are-you-sure-it-s-an-ira-and-not-a-401-k/01/380539#M33963 Are you sure it's an IRA, and not a 401(k)? Tue, 04 Jun 2019 00:55:20 GMT https://ttlc.intuit.com/community/retirement/discussion/are-you-sure-it-s-an-ira-and-not-a-401-k/01/380539#M33963 SweetieJean 2019-06-04T00:55:20Z it is a 401k https://ttlc.intuit.com/community/retirement/discussion/it-is-a-401k/01/380541#M33964 it is a 401k Tue, 04 Jun 2019 00:55:22 GMT https://ttlc.intuit.com/community/retirement/discussion/it-is-a-401k/01/380541#M33964 user7216879 2019-06-04T00:55:22Z You do not enter a 401K as a deduction. It is not an IRA... https://ttlc.intuit.com/community/retirement/discussion/you-do-not-enter-a-401k-as-a-deduction-it-is-not-an-ira/01/380544#M33965 You do not enter a 401K as a deduction.  It is not an IRA.  It is a 401K .  It comes out of her checks pretax meaning before taxes and has already been deducted from the wages in box 1.  And you can deduct them again.  You only enter it from the W2, nowhere else.  It is in box 12. Tue, 04 Jun 2019 00:55:23 GMT https://ttlc.intuit.com/community/retirement/discussion/you-do-not-enter-a-401k-as-a-deduction-it-is-not-an-ira/01/380544#M33965 VolvoGirl 2019-06-04T00:55:23Z