Skills Warm Up: Employer Retirement Plans

Question 1 of 5

Which of the following taxpayers, who are covered by employer retirement plans, are entitled to a partial traditional IRA deduction?

Jim, who is single and has a modified AGI of $86,000

Connie, who is married filing jointly and has a modified AGI of $140,000

William, who is married filing separately and has a modified AGI of $8,500

Carl, who is a qualifying widower, and has a modified AGI of $140,000