Abraham is single, age 48, has no employer- sponsored plan, and has a MAGI of $126,000 for

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Abraham is single, age 48, has no employer- sponsored plan, and has a MAGI of $126,000 for 2019. What is the maximum contribution that he may make to a Roth IRA?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 03:07 AM

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Abraham is single, age 48, has no employer- sponsored plan, and has a MAGI of $126,000 for

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ANSWER For the tax year 2019 the maximum contribution to a Roth IRA depends on the individuals Modif...View the full answer

CCH Federal Taxation Basic Principles 2020

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