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Problem 5 - 3 Individual Retirement Accounts ( LO 5 . 3 ) a . What is the maximum amount that Karen may deduct for

Problem 5-3
Individual Retirement Accounts (LO 5.3)
a. What is the maximum amount that Karen may deduct for contributions to her IRA for 2022?
Feecthack
Theck My Work
qualified retirement plan.
b. If Karen is a calendar year taxpayer and files her tax return on August 15, what is the last date on which she can make her contribution to the IRA and deduct it for 2022?
Malus:15.2023x
April 18,2023
August 15,2023
December 31,2022
Incorrect
Feedtsack
T Check My Wlark
Partially correct
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