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5 Q 6 : Erin and Max, who are both age 4 0 , are married and file a joint tax return. Their modified adjusted

5Q6: Erin and Max, who are both age 40, are married and file a joint tax return. Their modified adjusted gross income (MAGI) for 2023 is $130,000. Erin has already made a $5,000 contribution to her traditional IRA and has also made a $2,000 contribution to their son's Coverdell Education Savings Account this year. What is the maximum amount that may be contributed, if any, to a Roth IRA for Erin and Max this year given these facts?
a. $6,500.
b. $8,000.
c. $2,000.
d. $0.

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