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    Taxation of Individuals
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    Exam 13: Retirement Savings and Deferred Compensation
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    Deborah (Single, Age 29) Earned $25,000 in 2014
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Deborah (Single, Age 29) Earned $25,000 in 2014

Question 92

Question 92

Short Answer

Deborah (single, age 29) earned $25,000 in 2014. 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 2014?

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