Shawn, a married 29 year old, deferred 10% of his salary, or $10,000, into a 401(k) plan sponsored by his employer this year. his wife was unemployed all year and did not receive unemployment compensation. assuming shawn has no other income, what is the maximum contribution shawn’s wife can make to her roth ira for 2016?
a) $0.
b) $1,000.
c) $5,500.
d) $6,500.
Answers: 3
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On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
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Shawn, a married 29 year old, deferred 10% of his salary, or $10,000, into a 401(k) plan sponsored b...
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