Problem 9-34 (LO. 6)

Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his self-employment tax). He uses a defined contribution Keogh plan. What is the maximum amount Harvey can contribute to his retirement plan in 2022?

Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his selfemployment tax). He uses a defined contribution Keogh plan. What is the maximum amount Harvey can contribute to his retirement plan in 2022? $ X Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his selfemployment tax). He uses a defined contribution Keogh plan. What is the maximum amount Harvey can contribute to his retirement plan in 2022? $ X