2007 Phase Out Limits

[Guest TJG]

I am trying to verify the following for 2007:

Coverdell Accounts got no changes.

Roth IRA

Married phase-out range $156,000 - $166,000

Single and Head of Household phase-out range $99,000 - $114,000

Traditional IRA (Active Participant)

Joint phase-out range $83,000 - $93,000

Single and Head of Household phase-out range $52,000 - $62,000

Joint filers (with only 1 active participant) phase-out range $156,000 - $166,000

Thanks

[JanetM]

Matches what I have see so far.

[saabraa]

The Roth phaseout changes and lots of other stuff, such as individual tax rates, are in Revenue Procedure 2006-53 IRB 48, p. 1, which came out around November 9.

[Appleby]

I am trying to verify the following for 2007:

Coverdell Accounts got no changes.

Roth IRA

Married phase-out range $156,000 - $166,000

Single and Head of Household phase-out range $99,000 - $114,000

Traditional IRA (Active Participant)

Joint phase-out range $83,000 - $93,000

Single and Head of Household phase-out range $52,000 - $62,000

Joint filers (with only 1 active participant) phase-out range $156,000 - $166,000

Thanks

$93,000 should be $103,000