Compute the maximum deductible contribution

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Reference no: EM13755557

Blaise is a partner in Sweet LLP, which maintains a profit-sharing Keogh plan for its partners and employees. Compute the maximum deductible contribution in each of the following situations: (for 2013 and 2014)

A. net self-employment income is $75,000.

B. net self-employment income is $280,000.

Reference no: EM13755557

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