Question
Amanda is a single taxpayer who is 41 years old. She is an active participant in her employer's pension plan. Amanda's 2018 AGI is $64,000.
Amanda is a single taxpayer who is 41 years old. She is an active participant in her employer's pension plan. Amanda's 2018 AGI is $64,000. Calculate Amanda's maximum IRA deduction. What is her maximum IRA deduction if she does not participate in an employer-sponsored retirement plan?
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A Textbook Of Accounting For Management
Authors: S.N. Maheshwari
3rd Edition
9325956195, 978-9325956193
