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tax year 2015 John (age 51 and single) has earned income of $3,000. He has $30,000 of unearned (capital gain) income. If he does not

tax year 2015

John (age 51 and single) has earned income of $3,000. He has $30,000 of unearned (capital gain) income.

If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2015 if he has earned income of $10,000?

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