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Mr. and Mrs. Pointer, ages 45 and 46, each contributed the maximum $6,000 to their traditional IRAs. Each spouse actively participates in an employer- sponsored

Mr. and Mrs. Pointer, ages 45 and 46, each contributed the maximum $6,000 to their traditional IRAs. Each spouse actively participates in an employer- sponsored qualified retirement plan. Compute the deductible IRA contribution on their joint return if their AGI before such deduction is $112.970. Multiple Choice $6 618 $6.000 $0 $12.000

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