In 2023, Madison is a single taxpayer who is 25 years of age. During 2023, she contributed $3,000 to her employer-sponsored 401(k) account. Her 2023 AGI was $78,000 (before considering IRA deductions). What is the maximum deductible contribution, if any, that Madison can make to her IRA? In 2023, Madison is a single taxpayer who is 25 years of age. During 2023, she contributed $3,000 to her employer-sponsored 401(k) account. Her 2023 AGI was $78,000 (before considering IRA deductions). What is the maximum deductible contribution, if any, that Madison can make to her IRA?
