Magi Limits Roth Ira 2024. Roth ira income limits 2024 how much you’re able to contribute to an ira in any given year will also depend on how much modified adjusted gross income (magi) you’ve made that year and your tax filing status. Divide the result in (2) by $15,000 ($10,000 if filing a joint return, qualifying widow (er), or married filing.

Impact of modified adjusted gross income (magi): If you have an annual income on the higher end of your category, your contribution limit may be reduced.