If you are eligible for a deductible IRA contribution and you do contribute by April 18, 2022, this could lower your MAGI.
The amount of deductible IRA contribution depends on your filing status, your MAGI and whether if you are covered by a retirement plan at work (for example a 401(k) plan).
If you are covered by a retirement at work, please see this IRS document.
If you are not covered, please see this IRS document.
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