During 2020, Jacob, a 19-year-old full-time student earned $4.700 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions during 2020 is $6,000. How much of a tax deductible contribution can Jacob make to an IRA Multiple Choice $5.000 $4700 SO Fultime students are not allowed to participate in IRAS) $520