subject
Business, 25.04.2020 01:18 jngonzo1226

During year 2019, Rebekah, a 20-year-old full-time student, earned $3,400 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions during 2019 is $6,000. How much of a tax-deductible contribution can she make to an IRA?

$0 (Full-time students are not allowed to participate in IRAs)
$3,400
$5,500
$8,900

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:00
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $12,500 are payable at the beginning of each year. each is a finance lease for the lessee. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) situation 1 2 3 4 lease term (years) 3 3 3 3 asset’s useful life (years) 3 4 4 6 lessor’s implicit rate (known by lessee) 14 % 14 % 14 % 14 % residual value: guaranteed by lessee 0 $ 5,000 $ 2,500 0 unguaranteed 0 0 $ 2,500 $ 5,000 purchase option: after (years) none 2 3 3 exercise price n/a $ 7,500 $ 1,500 $ 3,500 reasonably certain? n/a no no yes
Answers: 1
question
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
question
Business, 22.06.2019 18:40
Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →
Answers: 3
question
Business, 22.06.2019 19:00
Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline
Answers: 1
You know the right answer?
During year 2019, Rebekah, a 20-year-old full-time student, earned $3,400 during the year and was no...
Questions
Questions on the website: 13722361