If a Married Taxpayer Is an Active Participant in Another

question 47

True/False

If a married taxpayer is an active participant in another qualified retirement plan, the traditional IRA deduction phaseout begins at $99,000 of AGI for a joint return in 2017.

---

Definitions:

Presidential Vacancies

Situations where the office of the President becomes temporarily unoccupied due to death, resignation, or removal.

Inherent Powers

Powers that are not explicitly stated in the Constitution but are deemed necessary for the federal government to effectively fulfill its duties.

Terrorist Attacks

Violent acts committed by individuals or groups with the intent to spread fear and achieve political, religious, or ideological goals.

Policy Czars

Special government officials appointed to oversee specific policy areas, often without requiring Senate confirmation.