Question: 4- Please provide examples and how to solve it Determine the retirement savings contributions credit in each of the following cases. Retirement Savings Contributions Credit

4- Please provide examples and how to solve it

Determine the retirement savings contributions credit in each of the following cases.

Retirement Savings Contributions Credit
a. A married couple filing jointly with modified AGI of $37,500 and an IRA contribution of $1,620. $1,620
b. A married couple filing jointly with modified AGI of $58,000 and an IRA contribution of $1,540. $1,540
c. A head of household taxpayer with modified AGI of $33,000 and Roth IRA contribution of $1,810. $1,810
d. A single taxpayer with modified AGI of $12,000 and an IRA contribution of $2,350. $2,350

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