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Marshall, age 43, and Michelle, age 43, are married with salaries of $80,000 and $64,000, respectively. Their combined AGI is $186,000. Michelle is an active
Marshall, age 43, and Michelle, age 43, are married with salaries of $80,000 and $64,000, respectively. Their combined AGI is $186,000. Michelle is an active participant in her company's qualified pension plan, while Marshall is not. Determine the maximum combined IRA contribution and deduction amounts? Maximum Contribution/Maximum Deduction 0 $12,000 / $12,000 0 $6,000 / $2,750 O $12,000 / $7,500 O $12,000 / $6,000 O $6,000 / $6,000
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