Homework Answers
A) The couple's $6400 ($3200+$3200) contribution is fully deductible because the spouse is an active participant in qualified plan.
B) Mr. Davos $3200 is deducrible but mrs. Davos is not because Mr. Davos is an active participant and his AGI is more than $110000
C) the couple's $6400 is fully deductible because their AGI is less than $90000
D) mr. Davis $3200 is fully deductible. The deduction of Mrs. Davos contribution is limited to $128 ($3200 - $3072reduction)
Reduction = $3200 contribution × (109200-90000)/20000
= $3072
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