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IRA Contributions.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
IRA Contributions.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
$104,000.
How much did Hareem's IRA contribution lower his tax liability?
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