Desmond is 25 years old and he participates in his employer's 401(k) plan. During the year, he
Question:
a. Desmond is not married and has no dependents. His AGI after deducting his 401(k) contribution is $34,000
b. Desmond is not married and has no dependents. His AGI after deducting his 401(k) contribution is $17,500.
c. Desmond files as a head of household and has AGI of $44,000.
d. Desmond and his wife file jointly and report an AGI of $30,000 for the year.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Question Posted: