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Steve (age 55) and May (age 48) are married and will file a joint return. Steve is an elementary school teacher , and May is

Steve (age 55) and May (age 48) are married and will file a joint return. Steve is an elementary school teacher , and May is unemployed. During the year, Steve contributed $7,000 to his traditional IRA and May contributed $6,000 to her traditional IRA, Steve had wages of $10,500for the year. Steve also received $8,500 in unemployment compensation during the year. They received $1,580 in interest income and $3,560 in dividend income. What would the couple's IRA deduction be for the tax year?

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