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What is the maximum amount she can contribute

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Question - Tia is a 52-year-old, unmarried taxpayer who is an active participant in an employer-sponsored qualified retirement plan. Before IRA contributions, her AGI is $67,000 in 2018.

1. What is the maximum amount she can contribute and the maximum deduction she can receive for a contribution to a traditional IRA?

2. What is the maximum amount she can contribute and the maximum deduction she can receive for a contribution to a Roth IRA?

Reference no: EM132619519

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