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For the year 2023, Katy (age 35) and Perry (age 38), a married couple, reported the following items of income: Katy is covered by a

  1. For the year 2023, Katy (age 35) and Perry (age 38), a married couple, reported the following items of income: Katy is covered by a qualified plan. Perry does not work, he makes his own wine and samples it most of the day. Assuming a joint return was filed for 2023, what is the maximum tax-deductible amount that they can contribute to their IRAs?

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