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URL:  http://boards.fool.com/greetings-aleph-and-welcome-you-asked-am-19530573.aspx

Subject:  Re: Roth IRA Marriage Penalty!! Date:  9/2/2003  2:01 PM
Author:  TMFPixy Number:  37082 of 78168

Greetings, Aleph, and welcome. You asked:

am getting married later this month (September) and was shocked to learn that married individuals filing separately cannot contribute to a Roth IRA if either has an adjusted gross income (AGI) greater than $10,000! Does anyone know if I can contribute some portion of the allowed annual contribution amount (having been UNmarried for nearly 9 months of the 2003 tax year)?

IF you are married as of the end of your tax-year (12/31 for most folks) and IF you elect to file separately and IF your modified adjusted gross income is more than $10,000, THEN under current law any Roth contribution you made for that tax-year will be disallowed. The law makes no exceptions for the part of the tax-year you may have been single.