(Answered) Question - john age 51 and single has earned income of 3000

Accounting

Question - John (age 51 and single) has earned income of $3,000. He has $30,000 of unearned (capital gain) income. (Omit the "$" sign in your response.)

Required: If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2010?

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