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Question 9 of 30. Kevin, a 19-year-old, full-time college student, earned $3,000 in wages and had a net profit of $750 from self-employment. He paid
Question 9 of 30. Kevin, a 19-year-old, full-time college student, earned $3,000 in wages and had a net profit of $750 from self-employment. He paid $106 in self-employment taxes and deducted $53 of his self-employment tax on Schedule 1 (Form 1040), line 14. His maximum IRA contribution for 2020 is: $3,000 $750 $3,697 $3,750 Mark for follow up
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