Ask Question
16 April, 02:12

Orrin d'amato, single, participates in his firm's pension retirement plan. this year, his modified adjusted gross income will be about $75,000. how much of his compensation may d'amato contribute to an ira this year without paying federal income taxes on the contribution?

+4
Answers (1)
  1. 16 April, 02:16
    0
    As of the last few years of tax laws, d'amato may contribute all of the $75,000 to his ira and it be tax indubitable on his federal tax return in the year he earns this money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Orrin d'amato, single, participates in his firm's pension retirement plan. this year, his modified adjusted gross income will be about ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers