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PLEASE ANSWER THE ENTIRE QUESTION MEANING BOTH PARTS In 2020, Susan (44 years old)...

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Accounting

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PLEASE ANSWER THE ENTIRE QUESTION MEANING BOTH PARTS

In 2020, Susan (44 years old) is a highly successful architect and is covered by an employee-sponsored plan. Her husband, Dan (47 years old), however, is a Ph.D. student and unemployed. Compute the maximum deductible IRA contribution for each spouse in the following alternative situations. (Leave no answer blank. Enter zero if applicable.) Problem 13-65 Part a (Static) a. Susan's salary and the couple's AGI before any IRA contribution deductions is $199,000. The couple files a joint tax return. Susan Dan Maximum deductible IRA contribution b. Susan's salary and the couple's AGI before any IRA contribution deductions is $129,000. The couple files a joint tax return. Susan Dan Maximum deductible IRA contribution

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