Question
Tom, single, also participates in a qualified retirement plan at work and has modified AGI of $200,000. What is the maximum amount of Roth IRA
Tom, single, also participates in a qualified retirement plan at work and has modified AGI of $200,000.
What is the maximum amount of Roth IRA he can contribute?
For this question only, use the following Roth IRA phase-out range to calculate the maximum Roth IRA contribution: Single: B/t $118k and $133k MAGI ($15k range) MFJ: B/t $186k and $196k ($10k range)
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The Process Auditing And Techniques Guide
Authors: J.P. Russell
2nd Edition
087389782X, 978-0873897822
