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Mathematics, 09.12.2021 01:40 joshawajackson

Gene and Dixie, husband and wife (ages 35 and 32), both work. They have an adjusted gross income of $95,000 in 2017, and they are filing a joint income tax return. Both have an employer-provided retirement plan at work. What is the maximum IRA contribution they can make? How much of that contribution is tax deductible?

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