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MrAnd MrsPointer Each Contributed $1,800 to Their Traditional IRAs

Question 14

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 $109,970.


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

Correct Answer:

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