Charlene has self-only coverage in qualifying high-deductible health insurance plan. She is 47 years old and wishes

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Charlene has self-only coverage in qualifying high-deductible health insurance plan. She is 47 years old and wishes to contribute the maximum amount to her HSA. How much is she allowed to contribute and deduct in 2016?

a. $1,000
b. $1,300
c. $3,350
d. $4,350
e. $4,600

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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