Mrs. Vacco participates in her employer's qualified profit-sharing plan. What is the maximum contribution to her retirement
Question:
Mrs. Vacco participates in her employer's qualified profit-sharing plan. What is the maximum contribution to her retirement account, assuming that:
a. Her annual compensation was $38,200?
b. Her annual compensation was $180,000?
Assume the taxable year is 2018.
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Related Book For
Principles Of Taxation For Business And Investment Planning 2019 Edition
ISBN: 9781260161472
22nd Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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