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Author Question: During 2016, Marcia, who is single and is covered under a pension plan at work, contributes $5,500 ... (Read 27 times)

Sufayan.ah

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on: Sep 13, 2020
During 2016, Marcia, who is single and is covered under a pension plan at work, contributes $5,500 into a Roth IRA. If her AGI is $65,000, which of the following is true?
◦ All of the contribution is deductible.
◦ None of the contribution is deductible.
◦ She must withdraw all of the contribution immediately since she is covered under a plan at work.
◦ Only 60% of the contribution is deductible since her AGI exceeds $61,000 by $4,000 and her maximum contribution is phased out by 40%.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by Sufayan.ah on Sep 13, 2020

irishcancer18

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Sufayan.ah

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

Viet Thy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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