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Thomas is a self-employed plumber under the age of 50. His earnings from self-employment, before the Keogh deduction but after deducting half of the self-employment

Thomas is a self-employed plumber under the age of 50. His earnings from self-employment, before the Keogh deduction but after deducting half of the self-employment tax, are $80,000. What is his deductible Keogh contribution for 2020?

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