Jack and Kendra are married and file a joint return.
The couple has a modified AGI...
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Accounting
Jack and Kendra are married and file a joint return.The couple has a modified AGI of $59,000. Jack contributed $2,000to his traditional IRA for the tax year. Neither Jack nor Kendrahave ever taken a distribution from a retirement plan. Assumingthere is no limitation based on their tax liability, what is theamount of their Saver's Credit?
$0
$200
$400
$1,000
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2019 Savers Credit Credit Rate Married Filing Jointly Head of Household All Other Filers 50 of your contribution AGI not more than 38500 AGI not more than 28875 AGI not more than 19250 20 of your
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