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    Concepts in Federal Taxation
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    Exam 15: Choice of Business Entity-Other Considerations
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    Harriet Is an Employee of Castiron Inc
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Harriet Is an Employee of Castiron Inc

Question 8

Question 8

Multiple Choice

Harriet is an employee of Castiron Inc. and earns $200,000 in 2014. The maximum amount Castiron can contribute to a money purchase plan on behalf of Harriet is


A) $40,000
B) $45,000
C) $46,000
D) $49,000
E) $50,000

Correct Answer:

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