Tristan is single, aged 47, and an active plan participant. His adjusted gross income, or AGI, for 2024 is $82,000. Based on the 2024 phase out range of $77,000 - $87,000 for single filers who are active plan participants, how much of a full $7,000 traditional IRA contribution can Tristan deduct for tax purposes, if any for 2024? Tristan is single, aged 47, and an active plan participant. His adjusted gross income, or AGI, for 2024 is $82,000. Based on the 2024 phase out range of $77,000 - $87,000 for single filers who are active plan participants.

How much of a full $7,000 traditional IRA contribution can Tristan deduct for tax purposes, if any for 2024?

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