For Eligible Individuals Under Age 50 the Annual Deduction to an IRA

For eligible individuals under age 50 the annual deduction to an IRA is limited to the following maximum:

A) $5,000, or 100 percent of compensation, whichever is less.
B) $2,000, or 25 percent of earned income (net of IRA contribution) , whichever is less.
C) fte first $2,250 of earned income.
D) fte lesser of $2,000 or 100 percent of taxable income attributable to earned income.