For the year, Charles and Mary, both under age 50, filed a joint income tax return. Charles earned $35,000 and Mary earned $250 for that year. Mary contributed $6,000 to a spousal IRA. What is the maximum amount Charles can contribute to his own IRA?  

Answer rating: 100% (QA)

The maximum amount Charles can contribute to his own IRA is 5500 For the tax year 2022 the I... View the full answer