on February 14,2020, John who is single and age 30, establishes a traditional IRA and contributes $6,000 to the account. John's adjusted gross income is $73,000 in 2019 and $59,500 in 2020.John is an active participant in an employer-sponsored retirement plan.

i Requirements a. What amount of the contribution is deductible? In what year is it deductible? b. How is the deduction (if any) reported (i.e., for AGI or from AGI)? c. How would your answer to Part a change, if at all, if John were not an active participant in an employer-sponsored retirement plan? d. How would your answer to Part a change if John were married and files a joint return with his spouse, who has no earned income? (Assume their combined AGI is $97,000.) Requirement a. What amount of the contribution is deductible? In what year is it deductible? John may deduct D i n 2019 because C and the contribution made by the due date for 2019. As an alternative, John can elect to treat the IRA contribution as made for 2020. In this scenario, would be deductible in 2020