Jack contributed $400 per month into his retirement account in pre- tax dollars during the last tax year. His taxable income for the year was $62,350. He files taxes as a single taxpayer
a. What would his taxable income have been had he contributed to the account in after-tax dollars?
b. Use the tax table below to calculate his tax in both the pre-tax and after-tax contribution situations.
c. How much did Jack save in taxes during that year?

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