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According to Erikson,the most pressing psychosocial issue during adolescence is
Roth IRA Contributions
Money put into a Roth IRA retirement account that has already been taxed at the current rate, meaning withdrawals in retirement are tax-free.
AGI
Adjusted Gross Income, which is gross income minus adjustments and is used to determine how much of your income is taxable.
Deductible IRA Contribution
A contribution to an Individual Retirement Account that can be deducted from gross income, reducing taxable income.
Joint Return
A combined tax return filing for a married couple that merges their incomes, deductions, and credits, potentially leading to tax benefits.
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