Question 4 of 75. Katherine's only income for 2020 consisted of $60,000 in wages and...
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Question 4 of 75. Katherine's only income for 2020 consisted of $60,000 in wages and $2,000 in interest income. She is 50 years old and will use the single filing status. She is covered by an employer-sponsored retirement plan but would like to contribute to a traditional IRA If it will lower her tax liability. Assuming she has no other adjustments to income, what is the maximum, fully deductible amount she can contribute to a traditional IRA for 2020? O $0
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