IRA CONTRIBUTIONS

[kgchow]

I have a 401(k) plan at work and my wife doesn't.  Our MAGI is about $146k.  Why she can't contribution to IRA?

[ErnieS0]

Your wife can contribute to an IRA . Check your entries. Make sure the retirement box is not checked on her W-2. Also make sure you are putting the contribution under her name in TurboTax.

• Type ira contributions in Search in the upper right
• Select Jump to IRA Contributions
• Choose Traditional or Roth for your wife

[kgchow]

Thanks ErnieS0.  Yes, I followed the steps instructed by TurboTax.  It created a none deductible IRA form.  I even called TurboTax Support Center.  The tax expert was no help at all and hung up on me twice.  I gave up with them.

[ThomasM125]

I just ran your scenario through TurboTax and I was allowed the deduction. It could be that something is not processing properly in the program. You can try deleting  your spouse's W-2 form and deleting the IRA contribution and re-entering those again.