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The maximum into either spouse's IRA is $6000. And the total of the two IRA contributions cannot exceed $10,533.

In infer from the OP that the $10,533 figure is the Schedule C bottom line. That needs to be reduced by the adjustment to income for 1/2 of the S/E tax on line 27 of the 1040. The net is the total allowable IRA contribution for the two spouses combined.

Phil
Rule Your Retirement Home Fool
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