The following taxpayers are covered by an employer-sponsored retirement plan. Which one may FULLY DEDUCT their traditional IRA contribution in 2020?
a. Joshua files single. His modified AGI is $65,050. Delia files head of household.
b. Her modified AGI is $68,000. Samuel is married and lived with his spouse all year.
c. He chooses to file a separate return. His modified AGI is $9,975.
d. Sonia is married and files a joint return.
e. The couple's modified AGI is $99,500.
Answers: 3
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The following taxpayers are covered by an employer-sponsored retirement plan. Which one may FULLY DE...
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