Question: Self-Study Problem 9.7 Jeannie is employed by a business that operates a qualified profit-sharing plan. a. In 2021, when her compensation is $50,000, what is

Self-Study Problem 9.7 Jeannie is employed by a business that operates a qualified profit-sharing plan. a. In 2021, when her compensation is $50,000, what is the maximum contribution the business can make for her? 12,500 b. If Jeannie's salary was $250,000, what is the maximum contribution? 6,000 X

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