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FIN 190 Hareem is single and contributed $ 4,000 to a Traditional IRA during 2018. His taxable income for the year after deducting the $4,000

FIN 190

Hareem is single and contributed $ 4,000 to a Traditional IRA during 2018. His taxable income for the year after deducting the $4,000 and his standard deduction was $106,000. How much did Hareem's IRA contribution lower his tax liability?

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