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Barrett Is a 45-Year-Old Political Commentator Who Has Self-Employed Net

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Barrett is a 45-year-old political commentator who has self-employed net earned income of $170,000 in 2018.What is the maximum amount he can deduct for contributions to his simplified employee pension (SEP)for the year?


Definitions:

Descendant Organism

A descendant organism is an organism that has descended from a specific ancestor, representing subsequent generations in the evolutionary timeline.

Novel Traits

New or unique characteristics that arise in a species, often playing a significant role in the process of evolution.

Derived Character

A trait that evolved in the lineage leading up to a clade and that sets members of that clade apart from other individuals.

Cladistic Character

A feature of organisms used in cladistics to help establish evolutionary relationships, focusing on shared derived characteristics.

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