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Lyndon, age 24, has a nonworking spouse and earns wages of $36,000. He also received rental income of $5,000 and dividend income of $900 for
Lyndon, age 24, has a nonworking spouse and earns wages of $36,000. He also received rental income of $5,000 and dividend income of $900 for the year. What is the maximum amount Lyndon can deduct for contributions to his and his wife's individual retirement accounts
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