Q18. Traditional IRAs may allow you to achieve which of the following?

A. II and III only.

B. I, II, and III.

C. I and II.

D. I only.

Q19 Ben's taxable income for this year was $60,916. Ben arrived at this figure by applying the $12,000 standard deduction to his adjusted gross income (AGI). Over the year, Ben contributed $2,606 to his Traditional IRA and paid $915 in student loan interest. What was Ben's gross income for the year?