Examlex
Tyne is single and has AGI of $25,000 in 2016.During the year,she contributes $3,000 to her Roth IRA.What is the amount of Tyne's qualified retirement savings contributions credit?
Involuntary Bankruptcy
A legal proceeding initiated by creditors against a debtor who fails to pay owed amounts, forcing the debtor into bankruptcy to satisfy debts.
Creditors
Individuals or organizations to whom money is owed by debtors.
Petition
A formally drafted plea, often endorsed by numerous individuals, urging those in power to consider a specific issue.
Bankrupt Estate
The total assets of a person or entity that are available for distribution among creditors after declaring bankruptcy.
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