Ira Limits 2024 Income Tax Return. For the 2024 year, individuals under the age of 50 can contribute $7,000 to an ira. In the year of death, the surviving spouse is generally deemed to be married for the entire calendar year, so he or she can file a joint return with the.

Ira contribution limits for 2024. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.