Escobar and Rose Are Both Age 36 and File a Joint

question 90

Multiple Choice

Escobar and Rose are both age 36 and file a joint return.Neither is covered under an employer plan.Escobar earned $121,000 of compensation in 2014.Rose worked part-time and earned $1,200.What is the maximum deductible IRA contribution they can make in 2014?

• A) $0.
• B) $5,500.
• C) $6,700.
• D) $11,000.

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