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• More than $63,000 but less than $73,000 for a single individual or head of household, or • Less than $10,000 for a married individual filing a sep- arate return. Modified AGI limit for certain married individuals. If you are married and your spouse is covered by a retire- ment plan at work and you aren’t, and you live with your spouse or file a joint return, your deduction is phased out if your modified AGI is more than $189,000 (up from $186,000 for 2017) but less than $199,000 (up from $196,000 for 2017). If your modified AGI is $199,000 or more, you can’t take a deduction for contributions to a tra- ditional IRA. Modified AGI limit for Roth IRA contributions. For 2018, your Roth IRA contribution limit is reduced (phased out) in the following situations. • Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $189,000. You can’t make a Roth IRA contribution if your modi- fied AGI is $199,000 or more. • Your filing status is single, head of household, or mar- ried filing separately and you didn’t live with your spouse at any time in 2018 and your modified AGI is at least $120,000. You can’t make a Roth IRA contri- bution if your modified AGI is $135,000 or more. • Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than zero. You can’t make a Roth IRA contribution if your modified AGI is $10,000 or more. What’s New for 2019 Modified AGI limit for traditional IRA contributions in- creased. For 2019, if you are covered by a retirement plan at work, your deduction for contributions to a tradi- tional IRA is reduced (phased out) if your modified AGI is: • More than $103,000 but less than $123,000 for a mar- ried couple filing a joint return or a qualifying widow(er), • More than $64,000 but less than $74,000 for a single individual or head of household, or • Less than $10,000 for a married individual filing a sep- arate return. Modified AGI limit for certain married individuals increased. If you are married and your spouse is cov- ered by a retirement plan at work and you aren’t, and you live with your spouse or file a joint return, your deduction is phased out if your modified AGI is more than $193,000 (up from $189,000 for 2018) but less than $203,000 (up from $199,000 for 2018). If your modified AGI is $203,000 or more, you can’t take a deduction for contributions to a traditional IRA. Modified AGI limit for Roth IRA contributions in- creased. For 2019, your Roth IRA contribution limit is re- duced (phased out) in the following situations. • Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $193,000. You can’t make a Roth IRA contribution if your modi- fied AGI is $203,000 or more. • Your filing status is single, head of household, or mar- ried filing separately and you didn’t live with your spouse at any time in 2019 and your modified AGI is at least $122,000. You can’t make a Roth IRA contri- bution if your modified AGI is $137,000 or more. • Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than zero. You can’t make a Roth IRA contribution if your modified AGI is $10,000 or more. Reminders Future developments. For the latest information about developments related to Pub. 590-A, such as legislation enacted after it was published, go to IRS.gov/Pub590A. Qualified disaster tax relief. Special rules provide for tax-favored withdrawals and repayments from certain re- tirement plans for taxpayers who suffered economic los- ses as a result of Hurricane Harvey or Tropical Storm Har- vey, Hurricane Irma, Hurricane Maria, or the California wildfires. See Pub. 976, Disaster Relief, for information on these special rules. Also, see the Instructions for Form 8915B, Qualified 2017 Disaster Retirement Plan Distribu- tions and Repayments, for more information on these new rules. Disaster tax relief is also available for taxpayers who suffered economic losses as a result of disasters declared by the President under section 401 of the Robert T. Staf- ford Disaster Relief and Emergency Assistance Act during calendar year 2016. See Pub. 976 and the Instructions for 2016 and 2017 Form 8915A, Qualified 2016 Disaster Re- tirement Plan Distributions and Repayments, for more in- formation on these provisions. IRAs and unrelated business income. An IRA is sub- ject to tax on unrelated business income if it carries on an unrelated trade or business. An unrelated trade or busi- ness means any trade or business regularly carried on by the IRA or by a partnership of which it is a member. For more information, see Unrelated business income under What Acts Result in Penalties or Additional Taxes, later. IRA interest. Although interest earned from your IRA is generally not taxed in the year earned, it isn’t tax-exempt interest. Tax on your traditional IRA is generally deferred until you take a distribution. Don’t report this interest on your return as tax-exempt interest. For more information on tax-exempt interest, see the instructions for your tax re- turn. Photographs of missing children. The IRS is a proud partner with the National Center for Missing & Exploited Page 2 Publication 590-A (2018)