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Determine the maximum contribution that can be made to a Keogh plan in each of the following cases. In all instances, the individual is self-employed,
Determine the maximum contribution that can be made to a Keogh plan in each of the following cases. In all instances, the individual is self-employed, and the self-employment tax reduction has already been taken. Required: a. Self-employment income of $63,200. b. Self-employment income of $65,000 and wage income of $35,500. c. Self-employment income of $160,000. d. Self-employment income of $326,000. Answer is complete but not entirely correct
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