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Subject:  Roth AGI Calculation Date:  2/1/2003  11:22 AM
Author:  yakers Number:  35643 of 88020

I have a question on how to calculate our AGI in order to determine eligibility for a Roth IRA. My wife works for a large school district and her W-2 shows an amount in block #1, an amount in block #12 for her 403(b) contributions and an amount in block #5 for Medicare wages and tips. On my W-2 if I add block 12 and block 1 I get the amount in block 5. But not so on my wife's. I thought the only thing deducted from gross income was deferred compensation but the gross income of my wife is the amount in block 5 but the amount in block #1 is less than her gross income (block 5 less the amount in block #12). I tried looking on the IRS site and on MF, no simple explanation. Do I just use the figures from the W-2 and not worry about it?
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