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Tax: UK/US/UAE/KSA/EU · US Federal Income Tax · Card 012/023 medium

For the 2025 U.S. federal tax year, a single taxpayer who actively participates in an employer's retirement plan has modified adjusted gross income (MAGI) of $85,000. Under IRC Section 219(g), how does this affect the taxpayer's traditional IRA contribution?

  1. Because the taxpayer's MAGI falls within the $79,000-$89,000 phase-out range for a single active participant, the deductible amount is reduced on a sliding scale rather than eliminated entirely, and any contribution beyond the reduced deductible amount can still be made as a nondeductible contribution
  2. Because MAGI exceeds $79,000, no deduction is allowed at all, and the taxpayer cannot make any traditional IRA contribution for the year
  3. Because the taxpayer is an active participant, the deduction is disallowed only if MAGI exceeds $146,000, so the full contribution remains deductible at $85,000
  4. The active-participant phase-out applies only to Roth IRA contributions, so the traditional IRA deduction is unaffected by the plan's coverage of the taxpayer
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