Make sure to check if you are filing as a single individual, married (filing jointly), or married (filing separately). Then, see if your MAGI income is below, in between, or higher than the IRS income limit range.
How much can I contribute?
Adjusted Gross Income = AGI
| If your filing status is... |
2022 And your modified AGI is... |
2023 And your modified AGI is... |
Then you can contribute... |
| married filing jointly or qualifying widow(er) |
< $204,000 |
< $218,000 |
up to the limit $6,000 ($7,000 if 50 or older) |
|
> $204,000 but < $214,000 |
> $218,000 but < $228,000 |
a reduced amount |
|
|
> $214,000 |
> $228,000 |
zero |
|
| married filing separately, and you lived with your spouse at any time during the year |
< $10,000 |
< $10,000 |
a reduced amount |
|
> $10,000 |
> $10,000 |
zero |
|
| single, head of household, or married filing separately and you did not live with your spouse at any time during the year |
< $129,000 |
< $138,000 |
up to the limit $6,000 ($7,000 if 50 or older) |
|
> $129,000 but < $144,000 |
> $138,000 but < $153,000 |
a reduced amount |
|
|
> $140,000 |
> $153,000 |
zero |
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