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Mr and Mrs Pointer Each Contributed $1,800 to Their Traditional

Question 112

Multiple Choice

Mr and Mrs Pointer each contributed $1,800 to their traditional IRAs. Each spouse actively participates in an employer-sponsored qualified retirement plan. Compute the deductible IRA contribution on their joint return if their AGI before such deduction is $111,970.


A) $3,600
B) $1,975
C) $1,625
D) $0

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