The tax credit available through the Saver’s Credit is equal to A) th
The tax credit available through the Saver’s Credit is equal to
A) the annual IRA contribution limit.
B) $2,000 regardless of income level and tax-filing status.
C) a percentage of the contribution made to a traditional IRA, Roth IRA, 401-k, SIMPLE plan, or 403(b) plan.
D) one-fourth of the Social Security taxes paid by the taxpayer.
ANSWER
Answer: C
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