The IRS provides income ranges for determining an IRA owner's eligibility to deduct Traditional IRA contributions.
If an IRA owner or the owner’s spouse was covered by a retirement plan at work during the year, the amount of the IRA contribution eligible to be deducted may be reduced, or phased out, until it is eliminated, depending on the individual's filing status and modified adjusted gross income (MAGI).
If neither the IRA owner nor the owner's spouse is covered by a retirement plan at work, the individual may deduct all Traditional IRA contributions, regardless of income.
Printable job aid: Traditional IRA Contribution Deductibility Limits
Single (or Head of Household) Taxpayer is Covered by Workplace Retirement Plan |
|
| Tax Year | Individual MAGI |
| 2025 | $79,000 - $89,000 |
| 2024 | $77,000 - $87,000 |
| 2023 | $73,000 - $83,000 |
| 2022 | $68,000 - $78,000 |
| 2021 | $66,000 - $76,000 |
Married Couples (Filing Jointly); Owner is Covered by Workplace Retirement Plan |
|
| Tax Year | Joint MAGI |
| 2025 | $126,000 - $146,000 |
| 2024 | $123,000 - $143,000 |
| 2023 | $116,000 - $136,000 |
| 2022 | $109,000 - $129,000 |
| 2021 | $105,000 - $125,000 |
Married Couples (Filing Separately); Owner is Covered by Workplace Retirement Plan |
|
| Tax Year | Individual MAGI |
| 2021 - 2025 | $0 - $10,000 |
Married Couples (Filing Jointly or Separately); Owner is Not Covered by Workplace Retirement Plan but Spouse is Covered |
|
| Tax Year | Individual or Joint MAGI |
| 2025 | $236,000 - $246,000 |
| 2024 | $230,000 - $240,000 |
| 2023 | $218,000 - $228,000 |
| 2022 | $204,000 - $214,000 |
| 2021 | $198,000 - $208,000 |