For 2022, IRA deductions for singles covered by a retirement plan at work aren’t allowed after modified adjusted gross income (MAGI) hits $78,000; the deduction disappears for married couples filing jointly when MAGI hits $109,000.
For 2022, IRA deductions for singles covered by a retirement plan at work aren’t allowed after modified adjusted gross income (MAGI) hits $78,000; the deduction disappears for married couples filing jointly when MAGI hits $109,000.