Question: While, in 2 0 2 4 , the maximum deductible contribution to a traditional IRA for a taxpayer is $ 7 , 0 0 0

While, in 2024, the maximum deductible contribution to a traditional IRA for a taxpayer is $7,000(for taxpayers under 50 at year-end), the deductible amount for unmarried taxpayers is further limited to the individual's income if it is less than $7,000.

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