Carlos and Angela are married, file a joint return, and are both 42 years old. During the current year, Carloss salary is $70,000. Neither Carlos nor Angela is covered by an employer-sponsored pension plan. Determine the maximum IRA contribution and deduction amounts in each of the following cases:

Round intermediate computations and final tax liability to the nearest dollar.

a. Angela earns $28,000, and their adjusted gross income is $109,000.

Carlos and Angela may contribute and deduct a total of $_________ for adjusted gross income.

b. Angela does not work outside the home, and their adjusted gross income is $75,000.

Carlos and Angela are allowed to contribute and deduct a maximum of $_________ for adjusted gross income.

c. Assume the same facts as part a, except that Carlos is 52, Angela is 48, and both are covered by an employer-sponsored pension plan. Hint: The IRA deduction is phased out between $103,000 and $123,000 of AGI.

Angela is allowed to contribute $__________ to her IRA. Carlos is allowed to contribute $__________ to an IRA account. Their total deduction for AGI is $_______.

d. Assume the same facts as part a, except that Carlos is covered by an employer-sponsored pension plan.

Their maximum contribution is $___________ and their maximum deduction is $_________