jeffmcpa2010
Level 11

You might be able to covert it to a Roth Contribution - check into information about a "back door roth".

Lot's of high earners do them on purpose. Make a non-deductable traditional IRA and right away convert to a roth.

I think it is still ok for 2021 but it is on "Brandon's" hit list in some of the 2022 tax bills under consideration.