Under what circumstances is it advantageous for a taxpayer to make a nondeductible contribution to a traditional ira rather than a contribution to a roth ira? tax payer status maximum agi limit starting phase out limit a. married filing joint b. single/head of household

Answer and Explanation:

In the year 2018, ROTH IRA contribution limit is $5500 for people less than 50 years of age and $6500 if people are above 50 years of age.

These are the circumstances in the year 2018:

(a) ROTH IRA income limits for married filing jointly: Phase out starts at $189000 and ineligible at $199000.

(b) ROTH IRA income limits for Single filers: phase out starts at $120000 and ineligible at $135000.

15 1/2 years old in california

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.