Contributions may be fully tax-deductible if any of the following apply:
  • Neither you nor your spouse is an active participant in an employer-sponsored retirement plan
  • You participate in an employer-sponsored retirement plan and your 2016 modified adjusted gross income is $61,000 or less as a single taxpayer or $98,000 or less as married taxpayers filing jointly
  • You do not participate in an employer-sponsored retirement plan, but your spouse does, and joint modified adjusted gross income is no more than $184,000 for 2016
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