Question
Carmello and Leslie (ages 34 and 35, respectively) are married and want to contribute to a Roth IRA. In 2012, their AGI totaled $42,000. Of
Carmello and Leslie (ages 34 and 35, respectively) are married and want to contribute to a Roth IRA. In 2012, their AGI totaled $42,000. Of the $42,000, Carmello earned $35,000 and Leslie earned $7,000. How much can each spouse contribute to a Roth IRA if they file jointly? How much can each spouse contribute to a Roth IRA if they file separately?
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
