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Business, 17.04.2020 21:34 cxttiemsp021

You earned $88,000 last year. You put $4,500 in an IRA and $2,400 in a 401k. You will deduct the total from your Federal
Income taxes. What did you save just in Federal Income Taxes if you are in a tax bracket that pays 25% of your income in Federal Income
Taxes per year?

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Answers: 3

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