in 2023, LeSean (age 54 a
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Problem 13-67 (LO 13-4) (Algo)
[The following information applies to the questions displayed below]
In 2023, LeSean (age 54 and single) has earned income of $3,600. He also has $32,200 of unearned (capital gain)
income.
Problem 13-67 Part c (Algo)
c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution LeSean can make in
2023 If he has earned income of $12,000?
Maximum deductible IRA contribution](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd8607d06-f0c5-4d26-81b9-5bf7c5ee565c%2Fe25cf7d2-d8c8-4dae-a7c1-1af802fd9b9a%2Fb635ed_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 13-67 (LO 13-4) (Algo)
[The following information applies to the questions displayed below]
In 2023, LeSean (age 54 and single) has earned income of $3,600. He also has $32,200 of unearned (capital gain)
income.
Problem 13-67 Part c (Algo)
c. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution LeSean can make in
2023 If he has earned income of $12,000?
Maximum deductible IRA contribution
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