If you're covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction.
Married filing jointly and
$101,000 or less
a full deduction up to the amount of your contribution limit.
more than $101,000 but less than $121,000
a partial deduction.
$121,000 or more
no deduction.
Box 13 on the Form W-2 you receive from your employer should contain a check in the “Retirement plan” box if you are covered. If you are still not certain, check with your (or your spouse’s) employer.
The limits on the amount you can deduct don’t affect the amount you can contribute. However, you can never deduct more than you actually contribute.
If you're covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction.
Married filing jointly and
$101,000 or less
a full deduction up to the amount of your contribution limit.
more than $101,000 but less than $121,000
a partial deduction.
$121,000 or more
no deduction.