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Jackson and Ashley Turner ( both 4 5 years old ) are married and want to contribute to a Roth IRA for Ashley. In 2
Jackson and Ashley Turner both years old are married and want to contribute to a Roth IRA for Ashley. In their AGI is $ Jackson and Ashley each earned half of the income.
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a How much can Ashley contribute to her Roth IRA if they file a joint return? b How much can Ashley contribute if she files a separate return? c Assume that Ashley earned all of the couple's income and that she contributed the maximum amount she is allowed to contribute to a Roth IRA. What amount can be contributed to Jackson's Roth IRA if they file a joint return?
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