Question: a. John (age 51 and single) has earned income of $2,000. He has $30,000 of unearned (capital gain) income. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2016?
b. Jackson and Ashley Turner (both 45 years old) are married and want to contribute to a Roth IRA for Ashley. In 2016, their AGI is $188,000. Jackson and Ashley each earned half of the income. How much can Ashley contribute to her Roth IRA if they file a joint return?