Question: A S 2 , 0 0 0 deposit to a tax - deferred individual retirement account ( IRA ) for a person in a 2

A S2,000 deposit to a tax-deferred individual retirement account (IRA) for a person in a 25 percent tax bracket would result in a reduced tax bill of:
A.52,000
B. $1,500
C. $1,200
D. $500
E.5300
A S 2 , 0 0 0 deposit to a tax - deferred

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