Short Answer
In 2014, Madison is a single taxpayer who is 25 years of age. During 2014, she contributed $3,000 to her employer sponsored 401(k) account. Her 2014 AGI was $64,500 (before considering IRA deductions). What is the maximum deductible contribution, if any, that Madison can make her to IRA?
Correct Answer:
Verified
Correct Answer:
Verified
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