If he does not participate in an employer-sponsored plan

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Reference no: EM13582821

John has earned income of $3,300. He has $30,300 of unearned (capital gain) income.

A. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011?

B. If he does participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011?

C. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011 if he has earned income of $12,800?

Reference no: EM13582821

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