Question: Oscar a 3 8 year old single taxpayer, contributed 2 0 0 0 to a traditional Ira. His modified gross income is 3 0 0

Oscar a 38 year old single taxpayer, contributed 2000 to a traditional Ira. His modified gross income is 30000, all from wages. He has never taken a distribution from any retirement account. He is potentially eligible for a retirement savings contribution credit of up to what amount?

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