Terri is single and age 32. She reported AGI of $70,000 in tax year 2019. She is

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Terri is single and age 32. She reported AGI of $70,000 in tax year 2019. She is an active participant in her employer’s pension plan. What is the maximum deductible IRA contribution she can make in 2019?

a. $6,000.

b. $3,600.

c. $2,400.

d. $0.

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Fundamentals Of Taxation 2020 Edition

ISBN: 9781260483147

13th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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