Traditional IRA Deduction Income Limits
Traditional IRA Deduction Income Limits I am....wildly confused about whether or not we can get a deduction for contributing to a traditional IRA. Husband has a retirement plan through work. I do not have a retirement plan through work. The wording on the IRS website is incredibly confusing. The IRS uses the word "you" when explaining the deduction phaseout. Which you? On the one hand...