2012 IRA deduction limit if you have retirement plan at Work

2012 IRA Contribution and Deduction Limits - Effect of Modified AGI on Deductible Contributions If You ARE Covered by a Retirement Plan at Work

 

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.

If Your Filing Status Is...

And Your Modified AGI Is... Then You Can Take...
single or
head of household

$58,000 or less

a full deduction up to the amount of your contribution limit.

more than $58,000 but less than $68,000

a partial deduction.

$68,000 or more

no deduction.

married filing jointly or qualifying widow(er)

$92,000 or less

a full deduction up to the amount of your contribution limit.

 more than $92,000 but less than $112,000

  a partial deduction.

 $112,000 or more

 no deduction.

married filing separately

 less than $10,000

  a partial deduction .

 $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.
 

所有跟帖: 

大老您莫搞错啊! AGI limit 这么低? -sinke- 给 sinke 发送悄悄话 (0 bytes) () 08/15/2012 postreply 19:20:18

you must be a rich guy! -Tianyazi- 给 Tianyazi 发送悄悄话 Tianyazi 的博客首页 (0 bytes) () 08/15/2012 postreply 19:46:38

回复:It is true -ZhangZhouDaTou- 给 ZhangZhouDaTou 发送悄悄话 ZhangZhouDaTou 的博客首页 (36 bytes) () 08/15/2012 postreply 20:01:55

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