January 15, 2018
![Annual IRA Contribution Deductions Annual IRA Contribution Deductions](https://www.taxpolicycenter.org/sites/default/files/fiscal-facts/ff_detailed_edit_1.15.2018_1.png)
Fact:
The share of all returns claiming a deduction for IRA contributions was about 1.8% in 2015, the lowest in 30+ years. Following the 1981 Economic Recovery Tax Act, and before the 1986 Tax Reform Act, this share exceeded 12% between 1982 to 1986.