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Phil and Naoko are 2 5 - year - old newlyweds and file a joint tax return. Naoko is covered by a retirement plan at

Phil and Naoko are 25-year-old newlyweds and file a joint tax return. Naoko is covered by a retirement plan at work, but Phil is not.
If an amount is zero, enter "0".
a. Assuming Phil's wages were $27,000 and Naoko's wages were $18,500 for 2023 and they had no other income, what is the maximum amount of Phil and Naoko's deductions for contributions to a traditional IRA for 2023?
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Check My Work another qualified retirement plan. for contributions to a traditional IRA for 2023?
Phil
Naoko
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