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During 2021, Jacob, a 19-year-old full-time student, earned $5,150 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general

During 2021, Jacob, a 19-year-old full-time student, earned $5,150 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions during 2021 is $6,000. How much of a tax-deductible contribution can Jacob make to an IRA?

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