subject
Business, 02.12.2019 19:31 stodd9503

For the following scenarios, compute the maximum total deductible contribution to a traditional ira for 2019.
traditional ira contribution
a. juan, age 41, earns a salary of $28,000 and is not an active participant in any other qualified plan. his wife, agnes, has no earned income. juan wishes to contribute as much as possible to his own ira. $
b. abby, age 29, has earned income of $25,000, and her husband, sam, has earned income of $2,600. they are not active participants in any other qualified plan. $
c. leo's employer makes a contribution of $3,500 to leo's simplified employee pension plan. leo is single, has earned income of $32,000, and has agi of $29,000.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:50
1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls
Answers: 1
question
Business, 22.06.2019 09:00
You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer
Answers: 3
question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
question
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
You know the right answer?
For the following scenarios, compute the maximum total deductible contribution to a traditional ira...
Questions
question
Mathematics, 24.01.2021 22:20
question
Mathematics, 24.01.2021 22:20
question
World Languages, 24.01.2021 22:20
question
Mathematics, 24.01.2021 22:20
question
Mathematics, 24.01.2021 22:20
question
Mathematics, 24.01.2021 22:20
Questions on the website: 13722363