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Venkat is age 32, single, and reported AGI of $67,000 in tax year 2016. He is an active participant in his employer’s pension plan. What is the

Venkat is age 32, single, and reported AGI of $67,000 in tax year 2016. He is an active participant in his employer’s pension plan. What is the maximum deductible IRA contribution he can make in 2016?

A) $5,500.

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