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Ming is a single taxpayer who began working as an accountant this year after graduating from school. Her only income was from wages of $15,000.
Ming is a single taxpayer who began working as an accountant this year after graduating from school. Her only income was from wages of $15,000. She contributed $3,000 to an Individual Retirement Account during the year. What is the amount of the Saver's Credit that she can claim?
$1,000
$1,500
$2,250
$3,000
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