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Business, 10.12.2020 17:20 alwaysneedhelp84

During 2019, Jacob, a 19 year old full-time student, earned $4,500 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions to an IRA during 2019 is $6,000. How much of a tax-deductible contribution can Jacob make to an IRA?

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During 2019, Jacob, a 19 year old full-time student, earned $4,500 during the year and was not eligi...

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