Retirement tax questions

For 2019 up to $6,000 (or $7,000 if over age 50) of taxable compensations could be contributed to a Roth IRA but could be reduced if your MAGI exceeded limits for your filing status.

 

See Table 2-1 in the 2019 IRA Pub 590-A for the limits.

https://www.irs.gov/pub/irs-prior/p590a--2019.pdf

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**