Porter, age 30, is married and files a joint return with his spouse. On February 15, 2020, Porter establishes a traditional IRA for himself and a spousal IRA for his spouse with an $12,000 contribution, $6,000 for himself and $6,000 for his wife. Porter's spouse earned $2,800 in 2019 from a part-time job, and their combined AGI is $70,000. Neither Porter nor his spouse is an active participant in an employer-sponsored retirement plan. Read the requirements. a. What amount of the contribution is deductible? b. To what year does the contribution apply? (Assume that an election is made to treat Porter's spouse as having no compensation.) C. Is the deduction reported as for AGI or from AGI? d. How would your answer to Part a change, if at all, if Porter and his spouse were active participants in an employer-sponsored retirement plan? If a portion of the contribution is nondeductible in Part d, is it possible for Porter to make a deductible and a nondeductible contribution in the same year? Explain. f. How would your answer to Part a change if Porter and his spouse's combined AGI were $165,000 in 2019 and Porter was an active participant in an employer-sponsored retirement plan? e. Requirement a. What amount of the contribution is deductible? (Enter a "0" if none of the contribution is deductible.) The deductible contribution amount is Porter, age 30, is married and files a joint return with his spouse. On February 15, 2020, Porter establishes a traditional IRA for himself and a spousal IRA for his spouse with an $12,000 contribution, $6,000 for himself and $6,000 for his wife. Porter's spouse earned $2,800 in 2019 from a part-time job, and their combined AGI is $70,000. Neither Porter nor his spouse is an active participant in an employer-sponsored retirement plan. Read the requirements. a. What amount of the contribution is deductible? b. To what year does the contribution apply? (Assume that an election is made to treat Porter's spouse as having no compensation.) C. Is the deduction reported as for AGI or from AGI? d. How would your answer to Part a change, if at all, if Porter and his spouse were active participants in an employer-sponsored retirement plan? If a portion of the contribution is nondeductible in Part d, is it possible for Porter to make a deductible and a nondeductible contribution in the same year? Explain. f. How would your answer to Part a change if Porter and his spouse's combined AGI were $165,000 in 2019 and Porter was an active participant in an employer-sponsored retirement plan? e. Requirement a. What amount of the contribution is deductible? (Enter a "0" if none of the contribution is deductible.) The deductible contribution amount is