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For each taxpayer, compute the maximum contribution to the retirement plan. a. Lewis, a self-employed individual, has net earned income of $50,000 in 2018. If
For each taxpayer, compute the maximum contribution to the retirement plan.
a. Lewis, a self-employed individual, has net earned income of $50,000 in 2018. If Lewis has no employees, calculate the maximum contribution to a SEP plan that he may deduct from his adjusted gross income. $?
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