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Deborah (Single, Age 29)earned $25,000 in 2020

Question 125

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Deborah (single, age 29)earned $25,000 in 2020. Deborah was able to contribute $1,800 ($150/month)to her employer-sponsored 401(k). What is the total saver's credit that Deborah can claim for 2020? Use Exhibit 13-8.

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$180
$1,800 (contribution amou...

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