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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 9: Tax Credits Form 1040,lines 48 Through 54 and Lines 66A Through 73
  5. Question
    The Maximum Contribution Amount for the Retirement Savings Contributions Credit
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The Maximum Contribution Amount for the Retirement Savings Contributions Credit

Question 36

Question 36

True/False

The maximum contribution amount for the retirement savings contributions credit for each tax year is 20% of a taxpayer's AGI.

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