Max'd Roth IRA contributions & 401k. Can I contribute to non-deductible IRA, too?

Question

I contributed the max $15,000 to my company 401K. With an adjusted AGI $102,880 for Single taxpayer, the IRS spreadsheet indicates a maximum ROTH IRA contribution of $1900 is allowed.

My question is whether a non-deductible contribution to traditional IRA in the amonut of $2100 is allowed. This keeps IRA contributions to $4000... is this allowed?

thanks,

Chaz

Answer 1

If you were otherwise qualified yes you would be eligible to make a contribution to a Traditional IRA,
Based on the information provided you would not be able to deduct the Traditional IRA contribution, so you would need to complete lines 1,2,3, and 14 of part one of form 8606 to keep track of your basis in the Traditional IRA for the 2,100.00

Publication 590
Instructions to form 8606

Answer 2

Yes.

You can still contribute the $2100 to a non-deductable traditional IRA.