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Chan, a single 35-year-old CPA, is covered by a qualified retirement plan at work. His salary is $120,000, and his total AGI is $129,000. The
Chan, a single 35-year-old CPA, is covered by a qualified retirement plan at work. His salary is $120,000, and his total AGI is $129,000. The maximum contribution he can make to a Roth IRA in 2020 is
A) 0.
B) $2,400.
C) $4,000.
D) $6,000.
LABEL & SHOW ALL WORK.
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