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Unmarried Taxpayers Who Are Not Active Participants in a Pension

question 47

True/False

Unmarried taxpayers who are not active participants in a pension plan are allowed to deduct their entire contribution to an IRA regardless of the amount of their adjusted gross income.


Definitions:

High Agreeableness

High Agreeableness is a personality trait that involves a proclivity towards cooperation, trust, and empathy towards others, often leading to harmonious social interactions.

Big Five Traits

A model in psychology that describes personality using five broad factors: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

High Job Performance

The degree to which an employee excels in fulfilling their job responsibilities and tasks to a high standard.

Vocational Fit

The degree to which an individual's interests, abilities, and values align with a chosen career or occupation.

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