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All the responses given are the correct answers. I just don't know how to find the amount of the contribution that is deductible. (The response

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All the responses given are the correct answers. I just don't know how to find the amount of the contribution that is deductible. (The response with a red corner. I don't know how they got 3,000.)

On February 12, 2021, Jeremie, who is single and age 30, establishes a traditional IRA and contributes $6,000 to the account. Jeremie's adjusted gross income is $70,000 in 2020 and 561,500 in 2021. Jeremie is an active participant in an employer-sponsored retirement plan. Read the requirements Requirement a. What amount of the contribution is deductible? In what year is it deductible? in 2020. Jeremie may deduct S 3.000 because of the special income limitations when AGI is above the limit and the contribution was made by the due date for 2020. As an alternative, Jeremie can elect to treat the IRA contribution as made for 2021. In this scenario, $ 6,000 is deductible in 2021. Requirement b. How is the deduction any) reported (1.e., for AGI or from AGI)? O A. The deduction is from AGI. B. The deduction is for AGI. OC. Not applicable, no contribution is deductible, Requirement c. How would your answer to Part a change, if at all, if Jeremie were not an active participant in an employer-sponsored retirement plan? Jeremle may deduct $ 6.000 since the special income limitations do not apply if a taxpayer is not an active participant in a qualified plan. Requirement d. How would your answer to Part a change if Jeremie were married and files a joint return with his spouse, who has no earned income? (Assume their combined AGI is $100.000.) $ 6,000 since Based on the contribution dated February 12, 2021, Jeremie may deduct their combined AGI does not exceed the limit for a married couple filing a joint return. Jeremie is also entitled to a spousal IRA deduction since his earned Income exceeds $12,000. a. What amount of the contribution is deductible? In what year is it deductible? b. How is the deduction (if any) reported (i.e., for AGI or from AGI)? c. How would your answer to Part a change, if at all, if Jeremie were not an active participant in an employer-sponsored retirement plan? d. How would your answer to Part a change if Jeremie were married and files a joint return with his spouse, who has no earned income? (Assume their combined AGI is $100,000.)

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