2021 Traditional IRA Deductions
If you are covered by a retirement plan at work, use this IRS table to determine if you can deduct your 2021 Traditional IRA contribution:
| If Your Filing Status Is... | And Your Modified AGI Is... | Then You Can Take... |
|---|---|---|
| Single, head of household | $66,000 or less | a full deduction up to the amount of your contribution limit. |
| more than $66,000 but less than $76,000 | a partial deduction. | |
| $76,000 or more | no deduction. | |
| Married filing jointly or qualifying widow(er) | $105,000 or less | a full deduction up to the amount of your contribution limit. |
| more than $105,000 but less than $125,000 | a partial deduction. | |
| $125,000 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. | ||
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 2021 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 amount | a 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 work | any amount | a full deduction up to the amount of your contribution limit. |
| Married filing jointly with a spouse who is covered by a plan at work | $198,000 or less | a full deduction up to the amount of your contribution limit. |
| more than $198,000 but less than $208,000 | a partial deduction. | |
| $208,000 or more | no deduction. | |
| Married filing separately with a spouse who is covered by a plan at work | 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. | ||