2001 Tax Help Archives  

Publication 571 2001 Tax Year

Any Year Limit

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This is archived information that pertains only to the 2001 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

If you have not elected to use another alternative limit in an earlier year, you can use the any year limit on annual additions.

Changes in the limit on annual additions. Your limit on annual additions under the any year limit is the least of:

  • $15,000,
  • $4,000 plus 25% of your includible compensation for the year in which the limitation year ends, or
  • Your MEA for the year in which the limitation year ends.

Figuring MAC using the any year limit. You can use Worksheet 4 to figure your MAC using the any year limit.

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