Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Adjustments to Income Workout

IRA Contributions

Skills Warm Up: IRA Contributions

Question 2 of 2

Bob and Carol are married and both are 55 years old. They both work and each has a traditional IRA. During the tax year, Bob earned $2,000 and Carol earned $50,000.

If they file separate returns, what is the maximum that Bob can contribute to his IRA?

A $1,000
B $2,000
C $4,000
D $5,000