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Carri and Dane, ages 34 and 32, respectively, have been married for 11 years, and both are active participants in employer qualified retirement plans. Their

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Carri and Dane, ages 34 and 32, respectively, have been married for 11 years, and both are active participants in employer qualified retirement plans. Their total AGI in 2019 is $196,000, and they earn salaries of $87,000 and $95,000, respectively. Click here to access Exhibit 19.3. Compute the following amounts. If an amount is zero, enter "0". Do not round intermediate computations. Amount a. The amount each can contribute to a regular IRA. b. The amount each can deduct for regular IRA contributions. c. The amount each can contribute to a Roth IRA. d. The amount each can deduct for Roth IRA contributions. o Exhibit 19.3 Phaseout of IRA Deduction of an Active Participant in 2019 Phaseout Ends AGI Filing Status Single and head of household Married, filing joint return Phaseout Begins * $ 64,000 103,000 $ 74,000 123,000 Married, filing separate return -0- 10,000

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