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IRA - MAGI Phaseout Amounts -2014

In 2014, For filing status of: single, head of household and married filing separately not living with your spouse the phase-out amount starts at $60,000 and ends at $70,000 with no deduction for MAGI more than $70,000. For married filing jointly or qualifying widow (er)and both were covered by a retirement plan, the phase-out amount starts at $96,000 and ends at $116,000 with no deduction for MAGI more than $115,000. For married filing jointly or qualifying widow (er)and one was covered by a retirement plan, the phase-out amount starts at $96,000 and ends at $116,000 with no deduction for MAGI more than $116,000. The uncovered spouse uses $178,000 and ends at $188,000 with no deduction for MAGI more than $188,000. For married filing jointly or qualifying widow (er)and both were not covered by a retirement plan, the phase-out amount starts at $181,000 and ends at $191,000 with no deduction for MAGI more than $191,000. For married filing separately the phase-out starts at 0 and ends at $10,000 with no deduction for MAGI more than $10,000

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