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John (age 52 and single) has earned income of $4,500. He has $34,200 of unearned (capital gain) income. c. If he does not participate in

John (age 52 and single) has earned income of $4,500. He has $34,200 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 2019 if he has earned income of $14,800? Maximum deductible IRA contribution

Please note: $6,000 or $6,500 is INCORRECT

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