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Isabelle and Marshall Are Married with Salaries of $50,000 and $45,000,respectively.Adjusted

Question 57

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Isabelle and Marshall are married with salaries of $50,000 and $45,000,respectively.Adjusted gross income on their jointly filed tax return is $102,000.Both individuals are active participants in employer provided qualified pension plans.What are Isabelle and Marshall's maximum combined IRA contribution and deduction amounts?
 Contribution  Deduction  a. $0$0 b. $11,000$2,500 c. $11,000$5,500 d. $11,000$7,500 e. $11,000$11,000\begin{array}{lc}\text { Contribution } & \text { Deduction } \\\text { a. } \$-0- & \$-0- \\\text { b. } \$ 11,000 & \$ 2,500 \\\text { c. } \$ 11,000 & \$ 5,500 \\\text { d. } \$ 11,000 & \$ 7,500 \\\text { e. } \$ 11,000 & \$ 11,000\end{array}

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