Escobar and Rose are both age 36 and file a joint return.Neither is covered under an employer plan.Escobar earned $121,000 of compensation in 2017.Rose worked part-time and earned $1,200.What is the maximum combined deductible IRA contribution they can make in 2017?
A) $0.
B) $5,500.
C) $6,700.
D) $11,000.
Correct Answer:
Verified
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