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    Tax issues for IRA deductions

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    Tax issues for IRA deductions. See attached file for full problem description.

    © BrainMass Inc. brainmass.com June 3, 2020, 7:42 pm ad1c9bdddf
    https://brainmass.com/business/accounting/tax-issues-for-ira-deductions-109451

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    29. The IRA limit for a person under 50 years old for 2006 is $4000.

    30. With an AGI of ...

    Solution Summary

    There are three problems about deducting IRAs, and the solution explains the rationale for each response.

    $2.19

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