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2015 Traditional IRA Deductions

If you are covered by a retirement plan at work, use this IRS table to determine if you can deduct your 2015 Traditional IRA contribution:


If Your Filing Status Is...And Your Modified AGI Is...Then You Can Take...
Single, head of household$61,000 or lessa full deduction up to the amount of your contribution limit.
more than $61,000 but less than $71,000a partial deduction.
$71,000 or moreno deduction.
Married filing jointly or qualifying widow(er)$98,000 or lessa full deduction up to the amount of your contribution limit.
more than $98,000 but less than $118,000a partial deduction.
$118,000 or moreno deduction.
Married filing separatelyless than $10,000a partial deduction.
$10,000 or moreno 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.


If you aren't covered by a retirement plan at work or one isn't offered, use this IRS table to determine if you can deduct your 2015 Traditional IRA contribution:


If Your Filing Status Is...And Your Modified AGI Is...Then You Can Take...
Single, head of household, or qualifying widow(er)any amounta full deduction up to the amount of your contribution limit.
Married filing jointly or separately with a spouse who is not covered by a plan at workany amounta full deduction up to the amount of your contribution limit.
Married filing jointly with a spouse who is covered by a plan at work$183,000 or lessa full deduction up to the amount of your contribution limit.
more than $183,000 but less than $193,000a partial deduction.
$193,000 or moreno deduction.
Married filing separately with a spouse who is covered by a plan at workless than $10,000a partial deduction.
$10,000 or moreno 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.

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