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Jana has $225,000 of earned income in 2015. Calculate the amount she can contribute to a SEP. a. $22,500 b. $24,500 c. $53,000 d. $55,000

Jana has $225,000 of earned income in 2015. Calculate the amount she can contribute to a SEP.

a. $22,500 b. $24,500 c. $53,000 d. $55,000 e. None of the above

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