Deductions & credits

Generally, if your income is less than $50,000, you would be able to contribute to a traditional IRA or a Roth IRA unless you are married filing separately.  The exact income limit depends on your filing status and whether you are also covered by a retirement plan at work. 

 

Here is the page for traditional IRAs.

https://www.irs.gov/retirement-plans/ira-deduction-limits

 

Here is the page for Roth IRAs

https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that...