Multiple Choice
Amy is single. During 2017, she determined her adjusted gross income was $12,000.During the year, Amy also contributed $2,500 to a Roth IRA. What is the maximum saver's credit she may claim for the year?
A) $2,500.
B) $1,250.
C) $1,000.
D) $0.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: Taxpayers who participate in an employer-sponsored retirement
Q17: A SEP IRA is an example of
Q79: Jessica retired at age 65. On the
Q80: Sean (age 74 at end of 2017)
Q81: Joan recently started her career with PDEK
Q82: Which of the following statements regarding traditional
Q85: Kathy is 48 years of age and
Q86: Heidi retired from GE (her employer)at age
Q87: Amy is single. During 2017, she determined
Q129: When a taxpayer receives a nonqualified distribution