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Shana (age 38) rolls over a $3,000 distribution from her qualified plan during 2018. In addition, she makes a $6,500 contribution to her traditional IRA
Shana (age 38) rolls over a $3,000 distribution from her qualified plan during 2018. In addition, she makes a $6,500 contribution to her traditional IRA and a $1,000 contribution to her spouse's traditional IRA. Shana's spouse has no compensation for 2018 but he also made a $1,500 contribution to his traditional IRA. All contributions are designated for 2018. What are Shana's excess contributions for 2018? O B. $1,000 O C. $2,000 O D. $4,000 Submit Answers
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