TurboTax is telling me my MAGI 145k is "over the limit" for IRA deductions "while being covered by a retirement plan", BUT I wasn't covered by a retirement plan in 2021. I do not see any interview questions asking about this. How do I get my deduction?
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Please verify that your box 13 retirement on your W-2 entry wasn't accidently checked:
If your W-2 wasn't the issue and you don't have any SEP entries then you should get the question during the traditional IRA contribution interview:
You’re covered by an employer retirement plan for a tax year if your employer (or your spouse’s employer) has a:
Please verify that your box 13 retirement on your W-2 entry wasn't accidently checked:
If your W-2 wasn't the issue and you don't have any SEP entries then you should get the question during the traditional IRA contribution interview:
You’re covered by an employer retirement plan for a tax year if your employer (or your spouse’s employer) has a:
Thank you. The box was checked in my W-2 section, but not on the actual W-2. Once I unchecked the box, the deduction went through.
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