Question: 2 6 . 5 % complete Question Alison earned $ 1 0 0 , 0 0 0 during the year. She elected to defer $

26.5% complete
Question
Alison earned $100,000 during the year. She elected to defer $4,000 of her earnings into her employers 401(k) plan and her employer matched this deferral dollar-for-dollar. In this year, what amount of Alisons earnings were subject to federal income tax?
A.$92,000.
B.$96,000.
C.$100,000.
D.$104,000.

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