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Kerry Is Single and Has AGI of $25,000 in 2017

Question 138

Multiple Choice

Kerry is single and has AGI of $25,000 in 2017.During the year he contributes $5,000 to his Roth IRA.What is the amount of qualified retirement savings contributions credit to which he is entitled?


A) $200
B) $400
C) $800
D) $1,000

Correct Answer:

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