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What is his deductible keogh contribution

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Reference no: EM131814997

Question - Xavier is a self employed plumber. His earnings from self-employment before the Keogh deduction but after deducting half of the self-employment tax are 80,000 what is his deductible Keogh contribution for 2011?

a-16,000

b-20,000

c-49,000

d-64,000

Reference no: EM131814997

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