Eli and Adriana, both under age 50, file a joint return. Neither is covered under an employer

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Eli and Adriana, both under age 50, file a joint return. Neither is covered under an employer pension plan. Adriana earned compensation of $53,000 in 2021. Eli worked part-time and earned $1,200. What is the maximum deductible IRA contribution they can make for 2021?

a. $0.

b. $6,000.

c. $7,200.

d. $12,000.

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Fundamentals Of Taxation 2022

ISBN: 9781264209408

15th

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander

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