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Business, 25.04.2020 01:18 jngonzo1226

During year 2019, Rebekah, a 20-year-old full-time student, earned $3,400 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions during 2019 is $6,000. How much of a tax-deductible contribution can she make to an IRA?

$0 (Full-time students are not allowed to participate in IRAs)
$3,400
$5,500
$8,900

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During year 2019, Rebekah, a 20-year-old full-time student, earned $3,400 during the year and was no...

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