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2025 IRA Tax Deduction Retirement Limits Darrow Wealth Management, The contribution limit for individual retirement accounts (iras) for the 2025 tax year is $7,000.
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In 2025, the range for a partial deduction will increase to between $230,000 and $240,000. (1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111a, 112, 112a.
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