Question: need help !! Question 1 (Chapter 9) Dave and Kim, both age 42, are married and file a joint return. The couple has AGI of
Question 1 (Chapter 9) Dave and Kim, both age 42, are married and file a joint return. The couple has AGI of \$126,000. Kim is an active participant in her employer's retirement plan. Dave does not work. (a) What's the maximum deductible amount that Kim may contribute to an IRA? (b) What's the maximum deductible amount that Dave may contribute to an IRA
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