What is maximum deductible ira contribution john can make

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Question - John (age 55 and single) has earned income of $5,700. He has $31,900 of unearned (capital gain) income.

If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2019 if he has earned income of $12,400?

Reference no: EM132527805

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