Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a

Question:

Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2016, their AGI is $50,000. Harriet earned

$46,000 and Harry earned $4,000.

a) How much can Harriet contribute to her Roth IRA if they file a joint return?

b) How much can Harriet contribute if she files a separate return?

c) How much can Harry contribute to his Roth IRA if they file separately?

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McGraw-Hill's Taxation Of Individuals

ISBN: 9781259729027

2017 Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Oct 11, 2024 05:04 AM

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Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a

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McGraw-Hill's Taxation Of Individuals

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