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Appendix B. (Continued) Keep for Your Records Worksheet 2 Computation of Traditional IRA Deduction for 2018 (For use only by taxpayers who receive social security benefits) IF your filing status is ... AND your modified AGI is over ... THEN enter on line 1 below ... married filing jointly or qualifying widow(er) $101,000* $121,000 married filing jointly (you aren’t covered by an employer plan but your spouse is) $189,000* $199,000 single, or head of household $63,000* $73,000 married filing separately** $0* $10,000 *If your modified AGI isn’t over this amount, you can take an IRA deduction for your contributions of up to the lesser of $5,500 ($6,500 if you are age 50 or older) or your taxable compensation. Skip this worksheet, proceed to Worksheet 3, and enter your IRA deduction on line 2 of Worksheet 3. **If you didn’t live with your spouse at any time during the year, consider your filing status as single. Note. If you were married and you or your spouse worked and you both contributed to IRAs, figure the deduction for each of you separately. 1. Enter the applicable amount from above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 121,000 2. Enter your modified AGI from Worksheet 1, line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. 102,700 Note. If line 2 is equal to or more than the amount on line 1, stop here; your traditional IRA contributions aren’t deductible. Proceed to Worksheet 3. 3. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. 18,300 4. Multiply line 3 by the percentage below that applies to you. If the result isn’t a multiple of $10, round it to the next highest multiple of $10. (For example, $611.40 is rounded to $620.) However, if the result is less than $200, enter $200. • Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27.5% (0.275) (by 32.5% (0.325) if you are age 50 or older). • All others, multiply line 3 by 55% (0.55) (by 65% (0.65) if you are age 50 or older). . . . . . . . . . . . . . . . . . . 4. 5,950 5. Enter your compensation minus any deductions on Schedule 1 (Form 1040), line 27; or Form 1040NR, line 27 (deductible part of self-employment tax) and Schedule 1 (Form 1040), line 28; or Form 1040NR, line 28 (self-employed SEP, SIMPLE, and qualified plans). If you are the lower-income spouse, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year . . . . . . . . . . . 5. 90,500 6. Enter contributions you made, or plan to make, to your traditional IRA for 2017, but don’t enter more than $5,500 ($6,500 if you are age 50 or older) . . . . . . . . . . . . . . . . . . . . . . . . . . 6. 6,000 7. Deduction. Compare lines 4, 5, and 6. Enter the smallest amount here (or a smaller amount if you choose). Enter this amount on the Form 1040 line for your IRA. (If the amount on line 6 is more than the amount on line 7, complete line 8.) . . . . . . . . . . . . . . . . . 7. 5,950 8. Nondeductible contributions. Subtract line 7 from line 5 or 6, whichever is smaller. Enter the result here and on line 1 of your Form 8606, Nondeductible IRAs . . . . . . . . . . . . 8. 50 Publication 590-A (2018) Page 57