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Kathy is 6 0 years of age and self - employed. During 2 0 2 2 she reported $ 1 1 7 , 0 0

Kathy is 60 years of age and self-employed. During 2022 she reported $117,000 of revenues and $43,400 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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