| Participant of Employer Retirement Plan: |
| Filing Status |
Modifed AGI |
Deduction |
| Single or Head of Household |
$65,000 or less |
Full up to limit |
|
$65,001 - $74,999 |
Partial |
|
$75,000 or more |
No deduction |
| Joint or Surviving Spouse |
$103,000 or less |
Full up to limit |
|
$103,001 - $123,999 |
Partial |
|
$124,000 or more |
No deduction |
| Married Filing Separately |
less than $10,000 |
Partial |
|
$10,000 or more |
No deduction |
| One Spouse Participates - One Does Not: |
| Filing Status |
Modified AGI |
Deduction |
| Married Filing Jointly |
$196,000 or less |
Full up to limit |
|
$196,001 - $206,000 |
Partial |
|
$206,000 or more |
No Deduction |
| Married Filing Separately |
less than $10,000 |
Partial |
|
$10,000 or more |
No deduction |
| 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. |
| Plan Type |
Under Age 50 |
Over Age 50 |
| IRA (Traditional & Roth) |
$6,000 |
$7,000 |