Mr. Gilbert is self-employed and makes annual contributions to a Keogh plan. Mrs. Gilbert's employer doesn't offer

Question:

Mr. Gilbert is self-employed and makes annual contributions to a Keogh plan. Mrs. Gilbert's employer doesn't offer any type of qualified retirement plan. Each spouse contributes $3,000 to a traditional IRA. In each of the following cases, compute the AGI on their joint return.

a. AGI before an IRA deduction is $129,000.

b. AGI before an IRA deduction is $196,100.

Assume the taxable year is 2018.

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