In 2021, Cecilia is 60 years old, and her Adjusted Gross Income is $50,000. Her filing status
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Question:
In 2021, Cecilia is 60 years old, and her Adjusted Gross Income is $50,000. Her filing status is Single. Cecilia is an active participant in a pension plan with her employer. In 2021, what is her maximum contribution to an Individual Retirement Account that would be fully deductible?
Group of answer choices
$7,000
$0
$6,000
$19,500
Related Book For
Federal Tax Research
ISBN: 9781285439396
10th edition
Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill
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