Terri is single and age 32. She reported AGI of $71,000 in tax year 2018. She is

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Terri is single and age 32. She reported AGI of $71,000 in tax year 2018. She is an active participant in her employer’s pension plan. What is the maximum deductible IRA contribution she can make in 2018?

a. $0.

b. $1,100.

c. $4,400.

d. $5,500.

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Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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