If your adjusted gross income is $30,000 and you contribute $3,000 to a retirement plan in pretax dollars, then you will pay income tax on a recomputed adjusted gross income of

A. none of the above.
B. $27,000.
C. $30,000.
D. $33,000.


Ans: B. $27,000.

Business

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Indicate whether the statement is true or false

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Indicate whether the statement is true or false

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