Unlimited IRA deduction regs

[Basta]

a spouse worked for a company with a retirement plan through April of 2021.  She then opened her own business which exists now as it did as of December 31, 2021.

Was this brief employment a disqualification for unlimited IRA contributions for this couple or does it mean that they can't make tax deductible contributions because of the gross income limits?

[TaxGuyBill]

If a person is covered by an employer retirement plan at any time during the year, then the deduction for a Traditional IRA contributions are subject to income limitations.

[sjrcpa]

On another forum, someone answered this with "Pregnant is pregnant." 😊

[Basta]

thank you so much.

i've never used this forum before and had NO expectation of a reply, so thanks for the answer and for giving me a resource for the future.

Jeanne

[Basta]

succinct and perfect

[sjrcpa]

Come back. And feel free to help someone else.