This is from IRS website:Traditional IRAsRetirement plan at work: Your deduction may be limited if you (or your spouse, if you are married) arecovered by a reti...
Thank you for your informative reply, DmertzOur modified AGI is 264,020. I am 100% retired so no wages. My spouse is an independent contractor with no benefits,...
The problem is:Somehow, I could not take spousal deductible traditional IRA contribution as TT kept stating that I could not due to income limit as I am covered...
Hi DanaB27My deductible spousal ira contribution was disqualified mainly because I am covered by retirement at work, which is incorrect as I am retiree, no W-2 ...