Tyne Is a 48-Year-Old an Unmarried Taxpayer Who Is Not

question 49

Multiple Choice

Tyne is a 48-year-old an unmarried taxpayer who is not an active participant in an employer-sponsored qualified retirement plan.Before IRA contributions,her AGI is $61,000 in 2013.What is the maximum amount she may contribute to a tax deductible IRA?

• A)$ -0-
• B)$4,400
• C)$5,500
• D)$6,500

---

Definitions:

Decision Rule

A guideline or criterion for making a choice between alternatives, especially in analysis or planning.

Circuit Protection

Various methods or devices used to protect electrical circuits from excessive current, preventing damage and hazards.

Marker Lights

Lights mounted on the exterior of vehicles to indicate the vehicle's presence and dimensions to other road users.

Cycle On-and-off

The process where a system operates by intermittently starting and stopping to maintain a certain condition.