George and Amal file a joint return in 2020 and have AGI of $38,200. They each make

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George and Amal file a joint return in 2020 and have AGI of $38,200. They each make a $1,600 contribution to their respective IRAs. Assuming that they are not eligible for any other credits, what is the amount of their Saver’s Credit? $_______________

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

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

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