DavidD66
Expert Alumni

Retirement tax questions

The combined maximum contribution is calculated on lines 1 through 6 of the worksheet.  It's a pretty simple calculation.  If you're married filing joint it is your (MAGI - $236,000) divided by $10,000 = percentage reduction.

 

The lower part that you are referring to is a calculation of how much of the maximum contribution each spouse can make based on their individual income.  

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