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What is the amount of the Savers Credit

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Reference no: EM132529923

Question - Ming is a single taxpayer who began working as an accountant this year after graduating from school. Her only income was from wages of $15,000. She contributed $3,000 to an Individual Retirement Account during the year. What is the amount of the Saver's Credit that she can claim?

a. $1,000

b. $1,500

c. $2,250

d. $3,000

Reference no: EM132529923

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