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eBook Problem 5 - 1 1 Small Business and Self - Employed Retirement Plans ( LO 5 . 4 ) Eligio is a 4 5

eBook

Problem

5 - 11

Small Business and Self

-

Employed Retirement Plans

(

5.4)

Eligio is a

45 -

year

-

old self

-

employed psychiatrist who has net earned income of $

320, 000

2023 .

What is the maximum amount he can contribute to his SEP for the year?

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