Answer:
$4,800
Step-by-step explanation:
The maximum contribution for traditional IRA in 2019 = $6000
Given that;
karen has a salary of $33,000 and rental income of $33,000; then total income = $66,000
AGI phase-out range for traditional IRA contributions for a single taxpayer who is an active plan participant is $64,000 – $74,000.
PhaseOut can be calculated as: 
= 
= 0.2 * 6000
= 1200
Therefore, the maximum amount that Karen may deduct for contributions to her traditional IRA for 2019 = The maximum contribution for traditional IRA in 2019 - PhaseOut
= $6000 - $1,200
= $4,800
6x+15-4
6x+11
Hope this helps
The cost of book has to be less than or equal to 26.39.
The amount of money Elena can buy has to be less than or equal to $30. Thus, the inequality sign to be used is the less than or equal to sign.
(1 + tax)cost of books + cost of bus fare ≤ value of the gift
1.08c + 1.5 ≤ 30
In order to determine the maximum cost of books, take the following steps:
Combine similar terms
1.08c ≤ 30 - 1.5
Add similar terms together
1.08c ≤ 28.50
Divide both sides of the equation by 1.08
c ≤ 28.50 / 1.08
c ≤ 26.39
To learn more about taxes, please check: brainly.com/question/25311567
Answer:
-5
Step-by-step explanation:
The last number is always the y intercept. This number is -5 in this case.