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Jack and Jill are married. Jacks salary for 2021 was $95,000. He chose to contribute 10% to a Roth 401(k) and 5% to a traditional
- Jack and Jill are married. Jacks salary for 2021 was $95,000. He chose to contribute 10% to a Roth 401(k) and 5% to a traditional 401(k). Jills salary for 2021 was $80,000 and she did not have any retirement contributions through her employer. They both contribute $3,000 to a traditional IRA. Calculate their AGI for 2021.
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Accounting Theory
Authors: Ahmed Raihi-Belkaoui
5th Edition
1844800296, 978-1844800292
