Question: Tax year 2023, please show work Question 1 (Chapter 9) Dave and Kim, both age 35, are married and file a joint return. The couple

Tax year 2023, please show work

Question 1 (Chapter 9) Dave and Kim, both age 35, are married and file a joint return. The couple has AGI of $134,000. 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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