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John (age 52 and single) has earned income of $3,000. He has $33,800 of unearned (capital gain) income. a. If he does not participate in

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John (age 52 and single) has earned income of $3,000. He has $33,800 of unearned (capital gain) income. a. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2014 Deductible IRA contribution b. If he does participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2014? Deductible IRA contribution c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2014 if he has earned income of $18,600? Deductible IRA contribution

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