Steven is 32 and his annual compensation is 125000 what is, Ask an Expert

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Steven is 32 and his annual compensation is $125,000. What is the maximum amount that Steven may contribute to a Section 401(k) plan on his behalf in 2013?

During 2013, Erik, a single taxpayer, 42 years old, had Schedule C income of $82,000. His self-employment tax was $8,000. He also had itemized deductions of $4,000. What is Erik's AGI? What is Erik's taxable income?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91419512

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