Deductible IRA Contribution Rules – Can I Deduct My Traditional IRA Contribution? (2026)

2026 · CAN I DEDUCT MY TRADITIONAL IRA CONTRIBUTION?
Do you or your spouse have earned income?Are you an active participant in an employer-sponsored retirement plan?Are you an active participant in an employer-sponsored retirement plan?Is your spouse an active participant in an employer- sponsored retirement plan?Did you make a contribution to a Roth IRA?What is your tax filing status?SingleMarried Filing JointlySorry, you are not eligible for a traditional IRA contribution unless you or your spouse have earned income.You can deduct the full contribution.Sorry, you are not eligible for a full traditional IRA contribution since you have already made a contribution to your Roth IRA.What is your MAGI?What is your MAGI?What is your MAGI?$91,000 or moreSorry, no deduction is allowed.More than $81,000, but less than $91,000A partial deduction is allowed.$81,000 or lessYou can deduct the full contribution.$252,000 or moreSorry, no deduction is allowed.More than $242,000, but less than $252,000A partial deduction is allowed.$242,000 or lessYou can deduct the full contribution.$149,000 or moreSorry, no deduction is allowed.More than $129,000, but less than $149,000A partial deduction is allowed.$129,000 or lessYou can deduct the full contribution.NoYesNoYesNoYesNoYesNoYesYou may be eligible for a partial contribution to your traditional IRA.You can make a traditional IRA contribution up to $7,500 ($8,600 if age 50 or over), not to exceed earned income for the year. Continue on to determine if it is deductible. START HERE
© fpPathfinder.com. Licensed for the sole use of Dejan Ilijevski, MBA, MS of SCM Investment Services. All rights reserved. Used with permission. Updated 12/26/2025.
Integrity • Transparency • Community

Strategy Notes...




























 Dejan Ilijevski, MBA, MS

SCM Investment Services | Lake Elmo, MN | (612) 324-0629

scminvesting.com