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! Required information Problem 13-67 (LO 13-4) (The following information applies to the questions displayed below.) Jackson and Ashley Turner (both 45 years old) are
! Required information Problem 13-67 (LO 13-4) (The following information applies to the questions displayed below.) Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth IRA for Ashley. In 2019, their AGI is $199,400. Jackson and Ashley each earned half of the income. Use Tax Rate Schedule for reference. (Leave no answer blank. Enter zero if applicable.) Problem 13-67 Part a a. How much can Ashley contribute to her Roth IRA if they file a joint return? Contribution to Roth IRA $ 0 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income But not over: is over: The tax is: $ 0 $ 19,400 S 19,400 $ 78.950 10% of taxable income $1,940 plus 12% of the excess over $19,400 S 78,950 $168.400 $9,086 plus 22% of the excess over $78,950 S168,400 $321.450 $28,765 plus 24% of the excess over $168,400 S321,450 $408.250 $65.497 plus 32% of the excess over S321,450 S408,250 $612,350 $93,257 plus 35% of the excess over S408,250 S612,350 $164,709.50 plus 37% of the excess over 5612,350
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