Question
Kathy is 60 years of age and self-employed. During 2021 she reported $103,000 of revenues and $40,600 of expenses relating to her self-employment activities. If
Kathy is 60 years of age and self-employed. During 2021 she reported $103,000 of revenues and $40,600 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 2021? (Round your final answer to the nearest whole number.)
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Emerging Markets And Financial Resilience Decoupling Growth From Turbulence
Authors: C. Hooy, R. Ali, HooyChee-Wooi, S. Ghon Rhee
2nd Edition
1137266600, 9781137266606
