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Melanie Is in the 39

question 39

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Melanie is in the 39.6% tax bracket and is ineligible to make deductible or Roth IRA contributions.Nevertheless,she wishes to contribute $5,500 to a traditional nondeductible IRA.How much taxable salary must she earn to have $5,000 left for the contribution?


Definitions:

Freud

Sigmund Freud was an Austrian neurologist who founded psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Manifest Content

The apparent and remembered content of a dream, as distinguished from its hidden or latent content.

Freud

Sigmund Freud was an Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Music

Art form and cultural activity involving the creation of sounds, typically with vocal or instrumental performance.

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