Under a Roth IRA
I.Any taxpayer may contribute and deduct up to $5,500 deductible contributions per year.
II.The maximum contribution is phased-out for unmarried taxpayers with adjusted gross income between $118,000 and $133,000.

Question

Under a Roth IRA
I.Any taxpayer may contribute and deduct up to $5,500 deductible contributions per year.
II.The maximum contribution is phased-out for unmarried taxpayers with adjusted gross income between $118,000 and $133,000.
​

Quizplus · Accepted Answer

Roth IRA contributions are not deductible, and the phase-out range for unmarried taxpayers is correct.