2009 IRA Contribution and Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement Plan at Work |
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If you are covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction.
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If Your Filing Status Is...
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And Your Modified AGI Is... |
Then You Can Take... |
single or
head of household |
$55,000 or less
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a full deduction up to the amount of your contribution limit.
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more than $55,000 but less than $65,000
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a partial deduction.
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$65,000 or more
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no deduction.
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| married filing jointly or qualifying widow(er) |
$89,000 or less
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a full deduction up to the amount of your contribution limit.
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more than $89,000 but less than $109,000
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a partial deduction.
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$109,000 or more
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no deduction.
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| married filing separately |
less than $10,000
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a partial deduction.
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$10,000 or more
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no deduction.
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| If you file separately and did not live with your spouse at any time during the year, your IRA deduction is determined under the "Single" filing status. |
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Page Last Reviewed or Updated: January 19, 2010
