Question 3 (1 point)
1 answer:
You might be interested in
Answer:
$4,800
Step-by-step explanation:
The maximum contribution for traditional IRA in 2019 = $6000
Given that;
karen has a salary of $33,000 and rental income of $33,000; then total income = $66,000
AGI phase-out range for traditional IRA contributions for a single taxpayer who is an active plan participant is $64,000 – $74,000.
PhaseOut can be calculated as:
=
= 0.2 * 6000
= 1200
Therefore, the maximum amount that Karen may deduct for contributions to her traditional IRA for 2019 = The maximum contribution for traditional IRA in 2019 - PhaseOut
= $6000 - $1,200
= $4,800
Answer:
LQ = 54
Median = 69
UQ = 94
Step-by-step explanation:
This list is already sorted for you, so you don't need to worry about that, otherwise you would need to sort the numbers in ascending order. To find the median, we do , where n is the amount of numbers. This gives us 4, so the median is at position 4, so the median is 69. The lower quartile is simply
, so 2, so the lower quartile is 54. The upper quartile is
, so 6, so the upper quartile is 94.