Question
The Jenkins, a married couple who file Married Filing Jointly, want to set up Traditional IRA accounts.If neither are covered by a retirement plan at
The Jenkins, a married couple who file Married Filing Jointly, want to set up Traditional IRA accounts.If neither are covered by a retirement plan at work, what is the limit of their modified AGI in order for the Jenkins to be able to contribute to a Traditional IRA?
Select one:
a.Less than $123,000
b.Less than $64,000
c.Limits do not apply
d.Less than $203,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
