Question
Which of the following persons can make a deductible contribution to an IRA for 2020? Person Marital Status AGI Covered by Pension Plan 1. Jane
Which of the following persons can make a deductible contribution to an IRA for 2020?
| Person | Marital Status | AGI | Covered by Pension Plan |
| 1. Jane | Single | $61,000 | Yes |
| 2. Joe | Married | $100,000 | No |
| 3. Betty | Single | $20,000 | Yes |
| 4. Mary | Married | $40,000 | Yes |
| III and IV | |
| II only | |
| I, II, III, and IV | |
| II, III, and IV |
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen
2nd Edition
0538473452, 9780538473453
