Question

If Married filing jointly, can one be ineligible to do a trad IRA(due to having a work retirement plan and MAGI above limit) while the other can (no retirement plan)?

Forum|Forum|7 years ago
June 1, 2019
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TurboTax Deluxe Windows

No, filing a joint return, you will both be using the same Modified Adjusted Gross Income (MAGI).

The difference is that there is a higher limit allowed when only one spouse is covered by a retirement plan at work.

For Married Filing Joint with one spouse covered by a retirement plan, the MAGI must be less than $189,000 to claim a fully deductible contribution to a Traditional IRA. Then, the deduction phases out between $189,000 and $199,000 and is not allowed above $199,000.

See the TurboTax article below for more information.

https://ttlc.intuit.com/replies/3301534

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