For age upto 50 years , maximum contribution limit is $6000.
However after $63000 , amount will start reducing.
Amount to be reduced = extra income / range
= ($66000-$64000)/$10000 = 20%
So deductible amount = $6000*80% = $4800
Feel free to ask any queries..
Also plz upvote it means a lot .. thank you
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