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AGI is line 33 at the bottom of page 1 of Form 1040. Look at the first page of Form 1040 to see all of the things which make up adjusted gross income. Everything you listed plus or minus a bunch more, possibly.

For Roth IRA purposes, the 150K - 160K range is actually on modified AGI. Modified AGI, for IRA purposes, is regular AGI plus student loan interest deduction, excludable EE bond interest, excludable employer provided adoption benefits and certain excludable foreign and U.S. possession income. Also, for Roth IRA purposes, income resulting from converting a traditional IRA to a Roth IRA is not included.

I think you should always contribute to a Roth IRA if you are eligible. All dividends and capital gains inside a Roth are tax-free. It is worth it even if you can contribute only $2,000 for one year. Just find a custodian that doesn't charge a fee for Roth IRAs with low balances.

Once your Roth modified AGI is over the $160,000 limit, you could make nondeductible traditional IRA contributions. These could be converted to a Roth IRA sometime in the future if your modified AGI drops below $100,000 say after early retirement.

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