Fun$-$Jung has a profitable import business she has built over several years of hard work. The business is a single emember LLC and reported under her personal income tax return on Schedule C$.$

Eun$-$lung is looking at an indivisual $401($k$).$ Complete the following worksheet to determine her maximum contribution allowed for $2024.$

Note: Use IF function to display ellher a "Yes" or $"$No$"$ for Catch$-$up Contribution elligiblity. Use the YAR function to determine the taxpurer's age at year end.

Graded Worksheet