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Please Solve A through E, please use Exhibit to answer the questions. thank you so much for what you do your the best Required Informetion
Please Solve A through E, please use Exhibit to answer the questions. thank you so much for what you do your the best
Required Informetion [The following information applles to the questions displayed below] Penny is 57 years old, and she participates in her employer's 401(k) plan. During the year, she contributed $2,000 to her 401 (k) account, Penny's AG1 is $39,000 after deducting her 401(k) contribution. What is Penny's saver's credit in each of the following alternative scenarios? (Use Exhiblt 13-8) Note: Leove no onswer blank. Enter zero if opplicoble. 0. Penny is not marned and has no dependents. Required Information The following information applles to the questions displayed below] Penny is 57 years old, and she participates in her employer's 401(k) plan During the year, she contributed $2,000 to her 401(K) account. Penny's AGI is $39,000 after deducting her 401(k) contribution. What is Penny's saver's credit in each of the following alternative scenarlos? (Use Exhibit 13-8) Note: Leove no onswer blank. Enter zero lf applicable. b. Penny files as a head of household and has three dependents. Requlred information [The following information applies to the questions alsplayed below] Penmy is 57 years old, and she participates in her employer's 401(k) plan. During the year, she contributed $2,000 to her 401(k account. Penny's AGI is $39,000 after deducting her 40 lik) contribution. What is Penny's saver's credit in each of the following altemative scenarios? (Use Exhibit 13-8) Note: Leove no answer blenk. Enter zero if applicable. c. Penny files as a head of household and has one dependent Required informetion The following information appiles to the questions clisployed beiow) Penny is 57 years old, and she participates in her empioyer's 401 (k) plan. During the year. she controuted $2.000 ro her following aitemative scenarios? (Use Exhis:13-3) Note: Leove no onswer blank. Enter zero if applicoble. d. Penny is marned and files a joint return with ther spouse. They hove three cependents Required Information The following information applles to the questions displayed below) Penny is 57 years old, and she parvipates in her employer's 401(k) plon. Durting the yeas, she contributed $2,000 to her 4010 occount. Penny's AGl is $39,000 ofter deducting her 401(k) contribution. What is Penny's saver's credit in each of the following alternathe scenarios? (Use Exhibit 12-8) Note: Leave no answer biank. Enter zero if opplicable. . Penny fives a separate tax return from her husband. She claims two dependent children on her retum EXHIBIT 13-8 2023 Applicable Percentages for Saver's Credit by Filing Status and AGI Step by Step Solution
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