Sammy,age 31,is unmarried and is not an active participant in a qualified retirement plan.His modified AGI is $55,000 in 2015.The maximum amount that Sammy can deduct for a contribution to a traditional IRA is:

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In 2015, the maximum contribution limit for a traditional IRA for individuals under 50 was $5,500. Since Sammy is not an active participant in a qualified retirement plan and his modified AGI is below the phase-out range, he can deduct the full amount of $5,500.

Sammy,age 31,is Unmarried and Is Not an Active Participant in a Qualified