Paul and Lois Lee, both age 50, are married and filed a joint return for...
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Accounting
Paul and Lois Lee, both age are married and filed a joint return for Their adjusted gross income was $ including Pauls $ salary. Lois had no income of her own. Neither spouse was covered by an employersponsored pension plan. What amount could the Lees contribute to IRAs for to take advantage of their maximum allowable IRA deduction in their return? $ $ $ $
Paul and Lois Lee, both age are married and filed a joint return for Their adjusted gross income was $ including Pauls $ salary. Lois had no income of her own. Neither spouse was covered by an employersponsored pension plan. What amount could the Lees contribute to IRAs for to take advantage of their maximum allowable IRA deduction in their return?
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