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Author Question: Tyler (age 50) and Connie (age 48) are a married couple. Tyler is covered under a qualified ... (Read 100 times)

tfester

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Tyler (age 50) and Connie (age 48) are a married couple. Tyler is covered under a qualified retirement plan at his job and earned $175,000 in 2016. Connie is employed as a lab technician and earned $30,000 but is not covered under a qualified retirement plan. They file a joint return; have interest and dividend income of $30,000. What is their maximum for AGI deduction for contributions to a traditional IRA?
◦ $0
◦ $5,500
◦ $6,500
◦ $12,000


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Marked as best answer by tfester on Sep 13, 2020

asware1

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tfester

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Reply 2 on: Sep 13, 2020
Gracias!


mohan

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Reply 3 on: Yesterday
:D TYSM

 

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