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Realizing that providing for a comfortable retirement is up to them. Jim and Julie commit to make regular contributions to their IRAs. beginning this year.

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Realizing that providing for a comfortable retirement is up to them. Jim and Julie commit to make regular contributions to their IRAs. beginning this year. Consequently, they each make a 52.000 contribution to their traditional IRA. If their AGI is $35,000 on their joint return, what is the amount of their credit tor certain retirement plan contributions'? $800 $400 $200 None of the above

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