Dan and Dawn Are Married and File a Joint Return

Dan and Dawn are married and file a joint return. During the current year, Dan had a salary of $30,000 and Dawn had a salary of $36,000. Both Dan and Dawn are covered by an employer-sponsored pension plan. Their adjusted gross income for the year is $95,000. Determine the maximum IRA contribution and deduction amounts. Maximum Maximum Contribution Deduction

A) $ 11,000 $ 11,000
B) $ 11,000 $ - 0 -
C) $ 11,000 $ 5,500
D) $ 5,500 $ -0-
E) $ 8,000 $ 8,000