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Business, 03.12.2021 21:50 kaliaakh

Johan is a 25-year-old, single taxpayer with modified adjusted gross income of $18,500. During Tax Year 2020, he made a $2,000 contribution to his employer's 401(k) plan. He has never taken a distribution from any retirement plan. The maximum amount Johan may receive for the retirement savings contributions credit (Saver's Credit) is:

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Johan is a 25-year-old, single taxpayer with modified adjusted gross income of $18,500. During Tax Y...
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