John has earned income of $3,300. He has $30,300 of unearned (capital gain) income.
A. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011?
B. If he does participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011?
C. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2011 if he has earned income of $12,800?