Question
Kathy is 48 years of age and self-employed. During 2022 she reported $128,000 of revenues and $51,200 of expenses relating to her self-employment activities. If
Kathy is 48 years of age and self-employed. During 2022 she reported $128,000 of revenues and $51,200 of expenses relating to her self-employment activities. If Kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to a SEP IRA for 2022?
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Management Accounting Change Approaches And Perspectives
Authors: Chandana Alawattage, Danture Wickramasinghe
1st Edition
0415393329, 978-0415393324
