Spousal IRA -Disabled? No Earned Income

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  • zeros
    Senior Member
    • Dec 2006
    • 921
    #1

    Spousal IRA -Disabled? No Earned Income

    Need a quick reply on this if possible. Taxpayer is disabled and draws social security only. Wife is in a pension plan and earns approximately $165,000 as an attorney. She contributed $5000 to the husband's IRA account. Would this contribution be allowed seeing he has no earned income and if so, would it be deductible?
    Tags: None
    • taxmom34
      Senior Member
      • Nov 2008
      • 732
      #2
      in looking at TTB page 13-9, spousal IRA $5000 can be set up even with no income, but wife's income looks like over the phaseout amount , so i don't think it would be deductible

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