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Ms. Calhoun is age 48 and single. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of

Ms. Calhoun is age 48 and single.

  1. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89,400 salary from her employer?
  2. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89,400 salary plus $38,000 interest and dividends from a trust fund?
  3. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of a $125,000 salary plus a $19,250 share of ordinary income from a partnership?

Maximum contribution

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  • Maximum contribution

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Maximum contribution

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