Question: A 4 2 - year - old single taxpayer earning a salary of $ 1 6 0 , 0 0 0 a year can make

A 42-year-old single taxpayer earning a salary of $160,000 a year can make which of the following IRA contributions if he is not covered by a plan at work?
Group of answer choices
$7,000 to either a traditional or a nondeductible IRA, but no contribution is allowed to a Roth IRA.
$8,000 to either a traditional IRA, a Roth IRA, or a nondeductible IRA
$8,000 to a Roth IRA only
$7,000 to either a traditional IRA, a Roth IRA, or a nondeductible IRA

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