Publication 17, Your Federal Income Tax; Part 4 - Adjustments to Income: Important Change

This is archived information that pertains only to the 1999 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Download: Form 1040 • 1040 Instructions PDF or HTML
Schedule A & B • Form 1040A • Form 1040EZ • Tax Tables

Modified AGI limit increased.
For 1999, if you are covered by a retirement plan at work, your deduction for contributions to a traditional IRA will not be reduced (phased out) unless your modified adjusted gross income (AGI) is between:

$51,000 and $61,000 for a married couple or a qualifying widow(er) filing a joint return,
$31,000 and $41,000 for a single individual or head of household, or
$-0- (no increase) and $10,000 for a married individual filing a separate return.

See How Much Can I Deduct?, later.

Previous | Next

Publication 17 | 1999 Tax Year Archives | Tax Help Archives | Home