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[ The following information applies to the questions displayed below. ] Jackson and Ashley Turner ( both 4 5 years old ) are married and
The following information applies to the questions displayed below.
Jackson and Ashley Turner both years old are married and want to contribute to a Roth IRA for Ashley. For the current year, their AGI is $ Jackson and Ashley each earned half of the income.
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Problem Part c Static
c Assume that Ashley earned all of the couple's income and that she contributed the maximum amount she is allowed to contribute to a Roth IRA. What amount can be contributed to Jackson's Roth IRA if they file a joint return?
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