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Aiko (Single,age 29)earned $40,000 in 2017

Question 101

Essay

Aiko (single,age 29)earned $40,000 in 2017.He was able to contribute $1,800 ($150/month)to his employer sponsored 401(k).What is the total saver's credit that Aiko can claim for 2017? Exhibit 13-9 in the text

Correct Answer:

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$0
Single taxpayers ...

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