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Ricky, age 35, and Lacy, age 51, are married and file a joint return. Ricky is covered by an employer plan. In 2023, Ricky had
Ricky, age 35, and Lacy, age 51, are married and file a joint return. Ricky is covered by an employer plan. In 2023, Ricky had compensation of $50,000 and Lacy had compensation of $2,000. Their modified AGI was $245,000. What is the amount of the deductible contribution that can be made for Lacy to her traditional IRA for 2023
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