You have a typo ($1) and the income requirement isn't really expressed clearly - It's $200k for individuals or $300k joint income with a spouse. Also it's that

You have a typo ($1) and the income requirement isn't really expressed clearly - It's $200k for individuals or $300k joint income with a spouse. Also it's that limit for 2 previous years, with a "reasonable expectation" for the current year.