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Carole, Age 38, Is Single and Works as a Physical

Question 38

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Carole, age 38, is single and works as a physical therapist. She is covered by her employer's retirement plan. What is the maximum deductible contribution she can make to a traditional IRA in 2018 if her AGI is $65,000?
AGI Phase-Out Ranges for 2018 IRAs
Carole, age 38, is single and works as a physical therapist. She is covered by her employer's retirement plan. What is the maximum deductible contribution she can make to a traditional IRA in 2018 if her AGI is $65,000? AGI Phase-Out Ranges for 2018 IRAs

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20% [($65,000 - $63,000)/$10,0...

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