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Problem 9 - 3 7 ( LO . 6 ) Carri and Dane, ages 3 4 and 3 2 , respectively, have been married for
Problem LO
Carri and Dane, ages and respectively, have been married for years, and both are active participants in employer qualified retirement plans. Their total AGI in is $ and they earn salaries of $ and $ respectively.
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Compute the following amounts. If an amount is zero, enter O Do not round intermediate computations.
a The amount each can contribute to a regular IRA.
Amount
b The amount each can deduct for regular IRA contributions.
c The amount each can contribute to a Roth IRA.
d The amount each can deduct for Roth IRA contributions.
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