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Required information (The following information applies to the questions displayed below.) John (age 55 and single) has earned income of $5,700. He has $31,900 of

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Required information (The following information applies to the questions displayed below.) John (age 55 and single) has earned income of $5,700. He has $31,900 of unearned (capital gain) income. c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2019 if he has earned Income of $12,400? Maximum deductible IRA contribution $ 5,700

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