In 2018, Susan's sole proprietorship earns $300,000 of self-employment net income (after the deduction for one-half of
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In 2018, Susan's sole proprietorship earns $300,000 of self-employment net income (after the deduction for one-half of self-employment tax). Calculate the maximum amount Susan can deduct for contributions to a defined contribution Keogh plan.
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Related Book For
South-Western Federal Taxation 2019 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337702966
22nd Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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