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IRS.gov Website
Publication 554
taxmap/pubs/p554-010.htm#en_us_publink100043657

Chapter 3
Adjustments to Income(p19)

You may be able to subtract amounts from your total income (Form 1040, line 22 or Form 1040A, line 15) or total effectively connected income (Form 1040NR, line 23) to get your adjusted gross income (Form 1040, line 37; Form 1040A, line 21; or Form 1040NR, line 36). Some adjustments to income follow.
There are other items you can claim as adjustments to income. These adjustments are discussed in your tax return instructions.
taxmap/pubs/p554-010.htm#en_us_publink100043658

Individual Retirement Arrangement (IRA) Contributions and Deductions(p20)

rule
This section explains the tax treatment of amounts you pay into traditional IRAs. A traditional IRA is any IRA that is not a Roth or SIMPLE IRA. Roth and SIMPLE IRAs are defined earlier in the IRA discussion under Retirement Plan Distributions. For more detailed information, see Publication 590.
taxmap/pubs/p554-010.htm#en_us_publink100043659

Contributions.(p20)

rule
An IRA is a personal savings plan that offers you tax advantages to set aside money for your retirement. Two advantages of a traditional IRA are:
EIC
Although interest earned from your traditional IRA generally is not taxed in the year earned, it is not tax-exempt interest. Do not report this interest on your tax return as tax-exempt interest.
taxmap/pubs/p554-010.htm#en_us_publink100043661

General limit.(p20)

rule
The most that can be contributed for 2011 to your traditional IRA is the smaller of the following amounts.
taxmap/pubs/p554-010.htm#en_us_publink100043662
Contributions to spousal IRAs.(p20)
In the case of a married couple filing a joint return for 2011, up to $5,000 ($6,000 for each spouse age 50 or older by the end of 2011) can be contributed to IRAs on behalf of each spouse, even if one spouse has little or no compensation.
For more information on the general limit and the spousal IRA limit, see How Much Can Be Contributed? in Publication 590.
taxmap/pubs/p554-010.htm#en_us_publink100043663
Deductible contribution.(p20)
Generally, you can deduct the lesser of the contributions to your traditional IRA for the year or the general limit (or spousal IRA limit, if applicable) just explained. However, if you or your spouse was covered by an employer retirement plan at any time during the year for which contributions were made, you may not be able to deduct all of the contributions. Your deduction may be reduced or eliminated, depending on your filing status and the amount of your income. For more information, see Limit if Covered by Employer Plan in Publication 590.
taxmap/pubs/p554-010.htm#en_us_publink100043664
Nondeductible contribution.(p20)
The difference between your total permitted contributions and your IRA deduction, if any, is your nondeductible contribution. You must file Form 8606, Nondeductible IRAs, to report nondeductible contributions even if you do not have to file a tax return for the year.