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Jane has an income of $40,000, consisting of $30,000 of stock dividends, $8,000 of interest, $1,500 of capital gains and $500 of tips. What is
Jane has an income of $40,000, consisting of $30,000 of stock dividends, $8,000 of interest, $1,500 of capital gains and $500 of tips. What is the maximum amount she is permitted to contribute to a traditional IRA in 2021? A ( A ) Zero B ( B ) $500 C ( C ) $2,000 D ( D ) $6,000
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