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Posted on Oct 01, 2024

Thomas, age 3 5 , is a single taxpayer and an active participant in his employer's qualified retirement plan. His adjusted gross income for 2

Thomas, age

35,

is a single taxpayer and an active participant in his employer's qualified retirement plan. His adjusted gross income for

2024

is $

80, 000 .

How much, if any, of his $

7, 000 2024

IRA contribution can he deduct?

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