Question: Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2014, their AGI is $50,000.
Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2014, their AGI is $50,000. Harriet earned $46,000 and Harry earned $3,000.
a. How much can Harriet contribute to her Roth IRA if they file a joint return?
b. How much can Harriet contribute if she files a separate return?
c. How much can Harry contribute to his Roth IRA if they file separately?
a. How much can Harriet contribute to her Roth IRA if they file a joint return?
b. How much can Harriet contribute if she files a separate return?
c. How much can Harry contribute to his Roth IRA if they file separately?
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a Individuals are allowed to contribute to a Roth IRA as long as their AGI falls ... View full answer
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