Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a
Question:
Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2018, their AGI is $50,000. Harriet earned $46,000
and Harry earned $4,000.
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?
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a Individuals are allowed to contribute to a Roth IRA as long as their AGI falls ...View the full answer
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Related Book For
Essentials Of Federal Taxation 2019
ISBN: 9781260190045
10th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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