What are the requirements for a taxpayer to make a deductible contribution to a traditional IRA?  Why do the tax laws impose these restrictions?  How does a taxpayer determine the taxability of distributions from a traditional IRA on reaching retirement?

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What are the requirements for a taxpayer to make a deductible contribution to a traditional IRA?  Why do the tax laws impose these restrictions?  How does a taxpayer determine the taxability of distributions from a traditional IRA on reaching retirement?

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