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Problem 11-34 (LO. 5) Carri and Dane, ages 34 and 32, respectively, have been married for 11 years, and both are active participants in employer-qualified
Problem 11-34 (LO. 5) Carri and Dane, ages 34 and 32, respectively, have been married for 11 years, and both are active participants in employer-qualified retirement plans. Their total AGI in 2019 is $196,000, and they ear salaries of $87,000 and $95,000, respectively. Click here to access Exhibit 11.2. Compute the following amounts. If an amount is zero, enter "o". Do not round intermediate computations. Amount a. The amount each can contribute to a regular IRA. b. The amount each can deduct for regular IRA contributions. The amount each can contribute to a Roth IRA. d. The amount each can deduct for Roth IRA contributions
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