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In 2021, John (age 51 and single) has earned income of $3,000. He also has $30,000 of unearned (capital gain) income. c. If he does

In 2021, John (age 51 and single) has earned income of $3,000. He also has $30,000 of unearned (capital gain) income. c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2021 if he has earned income of $10,000?

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! Required information [The following information applies to the questions displayed below.] In 2021, John (age 51 and single) has earned income of $3,000. He also has $30,000 of unearned (capital gain) income. c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2021 if he has earned income of $10,000? Maximum deductible IRA contribution

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