Jackson and Ashley Turner (both 45 years old) are married and wan

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Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth

Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth IRA for Ashley. In 2015, their AGI is $188,400. Jackson and Ashley each earned half of the income.

a. How much can Ashley contribute to her Roth IRA if they file a joint return?

b. Assume that Ashley earned all of the couple’s income and that she contributed the maximum amount she is allowed to contribute to a Roth IRA. What amount can be contributed to Jackson’s Roth IRA if they file a joint return?

Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth IRA for Ashley. In 2015, their AGI is $188,400. Jackson and Ashley each earned half of the income.

a. How much can Ashley contribute to her Roth IRA if they file a joint return?

Abhinav 04-Dec-2019

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Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth

Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth

Answer (UnSolved)

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