Income limits for deducting traditional IRA contributions
| 2021 federal income tax filing | Your IRA reduction is limited if your MAGI is: | Your deduction is eliminated if your MAGI is: |
|---|---|---|
2021 federal income tax filing Single or Head of household | Your IRA reduction is limited if your MAGI is: $66,000 and $76,000 | Your deduction is eliminated if your MAGI is: $76,000 or more |
2021 federal income tax filing Married filing jointly or qualifying widow(er) | Your IRA reduction is limited if your MAGI is: $105,000 and $125,000 (combined) | Your deduction is eliminated if your MAGI is: $125,000 or more (combined) |
2021 federal income tax filing Married filing Separately | Your IRA reduction is limited if your MAGI is: $0 and $10,000 | Your deduction is eliminated if your MAGI is: $10,000 or more |