10. LO.5 Myers, who is single, reports compensation income of $73,000 in 2021. He is an active...

Question:

10. LO.5 Myers, who is single, reports compensation income of $73,000 in 2021. He is an active participant in his employer’s qualified retirement plan. Myers contributes $6,000 to a traditional IRA. Of the $6,000 contribution, how much can Myers deduct?

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