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June 4, 2022
Question

Roth IRA with a high income spouse

  • June 4, 2022
  • 1 reply
  • 0 views

I earn about $7000/yr but my spouse earns more than the Roth IRA limits.  Can I contribute to my Roth IRA with my income even though our combined income is over the limit?  We file a joint return, and I'm not sure whether that matters or not.

1 reply

Employee
June 5, 2022

If you're married and file jointly, your MAGI must be under $208,000 for the tax year 2021 and 214,000 for the tax year 2022.