1. Bob is a single, 40-year-old doctor earning $190,000 a year and is not covered by a...
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How much can he put into a deductible Traditional IRA in 2016?............
2. Tony is a 45 -year-old psychiatrist who has net earned income of $300,000 in 2016. What is the maximum amount he can contribute to his SEP for the year?..........
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1 As Per 2016 IRA Contribution and Deduction Limits Effect of Modified AGI on Deductible Contributions If you are NOT Covered by a Retirement Plan at ...View the full answer
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Related Book For 
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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