IRA MAGI for 2025 Question

[twoho]

Hello, I am entering in my IRA amounts.  I contribute to an IRA, my husband does not.  I am being told by TT that we are over the $155k limit, but if I contribute and he doesn't, wouldn't that move us to the $236k limit?  Thanks!

[KrisD15]

It would depend on if you are both covered by a retirement plan at work or only he is. 

Since you are making the contributions, were you covered by a retirement plan at your work? 

IRA Contribution limits

[dmertz · Accepted solution]

I think TurboTax is saying that your MAGI is $155k which is over the $146k threshold for 2025 and because you are covered by a workplace retirement plan your traditional IRA contribution is not deductible.  This limitation on the deductibility of your IRA contribution has nothing to do with anything about your husband (other than the fact that you are married and filing jointly).

[twoho]

He has it available at his work but doesn't put in.  I'm the only one who puts in.  So, would this be the case then?  Thank you for answering!!

[twoho]

Ah ok.  Combined we're over the 155k so that's what I was wondering.  He has it offered and doesn't put in, I am the only one who puts in a 401 and the IRA is on my own after taxes.  Thank you so much for answering!

[twoho]

Combined income we are over the $146k mark, not me by myself if that helps?

[AnnetteB6]

If you are trying to make a deductible Traditional IRA contribution and you are covered by a retirement plan at work, filing a joint return, then the information in this IRS table shows the joint income limit that determines whether your contribution is deductible.  Since you are filing a joint return, your joint income is the amount used to calculate the Modified AGI referenced in the table.

Your spouse being covered by a retirement plan at work (and the higher joint income limit) only comes into play if you are not covered by a retirement plan at work since you are the person making the IRA contribution.

@twoho 

[twoho]

Perfect, that helps.  Thank you!