Question: In 2 0 2 4 , Tyson ( age 2 2 ) earned $ 5 , 4 7 5 from his part - time job

In 2024, Tyson (age 22) earned $5,475 from his part-time job and he reported $16,000 of interest income (unearned income). Assuming he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution Tyson can make in 2024?

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