Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 3.00

self-employed accountant

Keogh Plan (LO. 8)

 

Harvey is a self-employed accountant with earned income from the business of $120,000 (after the deduction for one-half of his self-employment tax). He has a profit-sharing plan (e.g., defined contribution Keogh plan).

The maximum amount Harvey can contribute to his retirement plan in 2012 is $.

***I tried 50,000 which is what the IRS website says is the cp, but it isnt correct. Please help.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 04:08 PM My Price 3.00

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