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business 121 1) What are the maximum amounts that can be contributed to a Traditional IRA, Roth IRA and 401k per year? (Note: The IRA

business 121
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1) What are the maximum amounts that can be contributed to a Traditional IRA, Roth IRA and 401k per year? (Note: The IRA contribution amounts are identical. The maximum amount is very different for 401k employer-sponsored plans.) 2) What is the maximum amount of capital loss that can be deducted from your income taxes per year? 3) How long is the extension of time to file your income taxes that Form 4868 gives a taxpayer? 4) What percentage(s) of the estimated taxes should an individual taxpayer pay through withholding? Careful! 5) What are the names of the 2 or 3 types of educational tax credits available to parents of college students

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