joy, a 55 year old taxpayer, receives $20,500 in wages. she has no other income....
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Accounting
joy, a 55 year old taxpayer, receives $20,500 in wages. she has no other income. the maximum contribution she may make to her 401(k) plan in 2020 is ________?
a. 19500
b. 20500
c. 23000
d. 24500
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