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    Exam 14: Special Tax Computation Methods, tax Credits, and Payment of Tax
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    Kerry Is Single and Has AGI of $25,000 in 2016
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Kerry Is Single and Has AGI of $25,000 in 2016

Question 144

Question 144

Multiple Choice

Kerry is single and has AGI of $25,000 in 2016.During the year he contributes $5,000 to his Roth IRA.What is the amount of qualified retirement savings contributions credit to which he is entitled?


A) $200
B) $400
C) $800
D) $1,000

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