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| Hall, a divorced person and custodian of her 12-year-old child, filed her 2012 federal income tax return as head of a household. Hall earned a salary of $75,000 in 2012. Hall was not covered by any type of retirement plan, but contributed $5,000 to an IRA in 2012. Hall’s $5,000 contribution to an IRA should be treated as A. A deduction from adjusted gross income not subject to the 2% of adjusted gross income floor. B. A deduction from income in arriving at adjusted gross income. C. Nondeductible, with the interest income on the $5,000 to be deferred until withdrawal. D. A deduction from adjusted gross income subject to the 2% of adjusted gross income floor. |