In 2012, Tyson (age 22) earned $3,500 from his part-time job and he reported$15,000 of interest income
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In 2012, Tyson (age 22) earned $3,500 from his part-time job and he reported$15,000 of interest income (unearned income). Assuming he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution Tyson can make in 2012?
Related Book For
Managerial Decision Modeling with Spreadsheets
ISBN: 978-0136115830
3rd edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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