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Joyce is 30, single, and has compensation of $25,000 in 2017. Which of the following statements is correct? A. Joyce can make a $5,000 deductible contribution to her Roth IRA. B. Joyce can make a $5,500 nondeductible contribution to her Roth IRA. С. Joyce can make a $6,500 nondeductible contribution to her Roth IRA. O O O D. Joyce cannot make any contribution to her Roth IRA

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Answer #1

Answer :-

Option B :

Joyce can make a $ 5,500 non deductible contribution to her Roth IRA

Explanation:-

If your traditional IRA contribution is not deductible, you may still make a Non - deductible IRA contribution to it.

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