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Ms . Ray is age 4 6 and single. This year, Ms . Ray's retirement savings included a $ 2 , 8 9 5 employer
Ms Ray is age and single. This year, Ms Ray's retirement savings included a $ employer contribution to a qualified profitsharing plan account, and a contribution by Ms Ray to a traditional IRA. Ms Ray contributed the maximum allowed.Required:Compute Ms Ray's IRA deduction if current year income includes $ salary.Compute Ms Ray's IRA deduction if current year income includes $ salary.Compute Ms Ray's IRA deduction if current year income includes $ salary and $ dividend income.
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