William is a single writer (age 35) who recently decided that he needs to save more for
Question:
a. If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution William can make in 2014?
b. If he does participate in an employer-sponsored plan, what is the maximum deductible IRA contribution William can make in 2014?
c. Assuming the same facts as in b. except William's AGI is $75,000, what is the maximum deductible IRA contribution William can make in 2014?
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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
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