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Apply Current IRA Eligibility and Contribution Limits
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DSST
DSSTPF.282 Apply Current IRA Eligibility and Contribution Limits
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Which statement correctly describes Parker's options?
A
Parker receives no traditional deduction and no Roth eligibility.
B
Parker may make a traditional IRA contribution with a partial deduction, and Roth IRA income eligibility is full.
C
Parker's traditional IRA contribution is prohibited because MAGI exceeds $129,000.
D
Parker can contribute only to a Roth IRA because joint filers cannot deduct traditional IRAs.
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