Question: pls help Ms. Ray is age 46 and single. This year, Mc. Ray's retirement savings included a $2,680 employer contribution to a qualified profit sharing


Ms. Ray is age 46 and single. This year, Mc. Ray's retirement savings included a $2,680 employer contribution to a qualified profit sharing plan account, and a contribution by Ms. Ray to a traditional IRA. Mr. Ray contributed the maximum allowed. Required: a. Compute Ms. Ray's IRA deduction if current year income includes $58,100 salary. b. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary. c. Compute Ms. Ray's IRA deduction if current year income includes $71.390 salary and $7.650 dividend income. Complete this question by entering your answers in the tabs below. Compute Ms. Ray's IRA deduction if current year income includes $58,100 salary. Ms. Ray is age 46 and single. This year, Mr. Ray's retirement savings included a $2,680 employer contribution to a qualifled profitsharing plan account, and a contribution by Ms. Ray to a traditional IRA. Mr. Ray contributed the maximum allowed. Required: a. Compute Ms. Ray's IRA deduction if current year income includes $58,100 salary. b. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary. c. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary and $7,650 dividend income. Complete this question by entering your answers in the tabs below. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary. Note: Do not round phase-out percentage. Round other intermediate values to the nearest whole doltar amount. Ms. Ray is age 46 and single. This year. Mt. Ray's retirement savings included a $2,680 employer contribution to a qualified profitsharing plan account, and a contribution by Ms. Ray to a traditional IRA. Mr. Ray contributed the maximum allowed. Required: a. Compute Ms. Ray's IRA deduction if current year income includes $58,100 salary. b. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary. c. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary and $7,650 dividend income. Complete this question by entering your answers in the tabs below. Compute Ms. Ray's IRA deduction if current year income includes $71,390 salary and $7,650 dividend income
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