Question
1. Matthew, age 60 and divorced, collect 65,000 in taxable alimony in 2022. He was bored and decided to work part-time delivering pizzas in Asheville.
1.
Matthew, age 60 and divorced, collect 65,000 in taxable alimony in 2022. He was bored and decided to work part-time delivering pizzas in Asheville. The pizzeria reports paying Matthew 5,000 in earnings via a W-2. He is not covered by a qualified plan. Determine the maximum deductible IRA contribution that Matthew can make in 2022.
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
