Susan Is a Self-Employed Accountant with a Qualified Defined Contribution

Multiple Choice

Susan is a self-employed accountant with a qualified defined contribution plan (a Keogh plan) . She has the following income items for the year: ​
What is the maximum amount Susan can deduct as a contribution to her retirement plan in 2017, assuming the self-employment tax rate is 15.3%?

A) $9,235.
B) $12,000.
C) $46,000.
D) $46,468.
E) None of the above.