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Sarah is single, 44 years old and earned $5,000 taxable compensation in 2020. She has only two traditional IRA accounts, already contributing $4,000 to the

Sarah is single, 44 years old and earned $5,000 taxable compensation in 2020. She has only two traditional IRA accounts, already contributing $4,000 to the first and $0 to the second in 2020. How much may she contribute on a tax-deferred basis to the second IRA for the 2020 tax year?

A. $2,000

B. $5,000

C. $6,000

D. $1,000

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