I cannot say the $7000 you forced is correct.
Please review these worksheets:
IRA Contributions Worksheet
Social Security Recipients Who Contribute to a Traditional IRA Worksheet
Earned Income Worksheet.
The computation is not straightforward as it appears. Opus the Champ suggested the potential situation with the SE tax, and that you should review these calculations which I am in agreement with.
Possibly seek LIVE assistance if he can't reconcile these numbers?
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