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Carole, age 38, is single and works as a physical therapist. She is covered by her employer's retirement plan, and contributes $5,500 to her...

Carole, age 38, is single and works as a physical therapist. She is covered by her employer's retirement plan, and contributes $5,500 to her conventional IRA. If her AGI is $63,000, how much IRA contribution can she deduct for tax purpose?

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If you're covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your... View the full answer

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