What is the maximum amount that Mason can deduct as a contribution to his qualified retirement plan for 2018? For 2019? 8. Jerry Mayweather, who is single and age 24, earned a salary of $75,000 in 2018 as a plumber employed by Lugo Company. Jerry was covered for the entire year 2018 under Lugo's qualified pension plan for employees. In addition, Jerry had a net income of $10,000 from self-employment in 2018. What is the maximum amount hat Jerry can deduct in 2018 for contributions to an individual retirement account (IRA? 9. For 2018, deductible contributions to a qualified retirement pan on behalf of a self- employed individual whose income from self-employment income is $20,000 are limited to? 10. For the year 2018 Adam and Elsie Rodriguez reported the following items of income: Adam Elsie Salary $60,000 $ 200 Interest Income.. 1,000 Cash prize won on T.V 8.000 561.000 59000 game show Adam is not a participant in any qualified retirement plan and Elsie established individual retirement accounts during the year. Assuming a joint return was filled for 2018 and that they are both age 52, wat is the maximum amount that they can be allowed for contributions to their individual accounts for 2018? 11. Emilio and Judith Frost are married a file joint return. Emilio earned a salary of $104,000 in 2018 from his job are Karma Corp., where Emilio is covered by his employer's pension plan Judith, who worked part-time in 2018 and earned $2,000, is not covered by an employer pension plan. The Frosts do not itemize their deductions. Assuming they are both age 48 and their adjusted gross income for 2018 is $125,000, what is the maximum that they can deduct for contributions to their IRAs on their 2018 return? 12. Ellen Smit, who is divorced, received taxable alimony of $34,000 in 2018. In addition, she