Business, 18.03.2020 16:45, neidaq12345

Lyndon, age 24, has a nonworking spouse and earns wages of $36,000 for 2018. He also received rental income of $5,000 and dividend income of $900 for the year. What is the maximum amount Lyndon can deduct for contributions to his and his wife's individual retirement accounts for the 2018 tax year?

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Lyndon, age 24, has a nonworking spouse and earns wages of $36,000 for 2018. He also received rental...