2012 IRA Contribution and Deduction Limits - Effect of Modified AGI on Roth IRA Contributions |
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This table shows whether your contribution to a Roth IRA is affected by the amount of your modified AGI as computed for Roth IRA purpose.
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If You Have Taxable Compensation and Your Filing Status Is...
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And Your Modified AGI Is... |
Then...
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| married filing jointly or qualifying widow(er) |
Less than $173,000
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you can contribute up to the limit.
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at least $173,000 but less than $183,000
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the amount you can contribute is reduced.
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$183,000 or more
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you cannot contribute to a Roth IRA.
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| married filing separately and you lived with your spouse at any time during the year |
zero (-0-)
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you can contribute up to the limit.
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more than zero (-0-) but less than $10,000
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the amount you can contribute is reduced.
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$10,000 or more
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you cannot contribute to a Roth IRA.
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| single, head of household, or married filing separately and you did not live with your spouse at any time during the year |
less than $110,000
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you can contribute up to the limit.
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at least $110,000 but less than $125,000
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the amount you can contribute is reduced.
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$125,000 or more
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you cannot contribute to a Roth IRA.
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Page Last Reviewed or Updated: October 20, 2011
