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His earnings from self-employment before the keogh

Question - Xavier is a self employed plumber. His earnings from self-employment before the Keogh deduction but after deducting half of the self-employment tax are 80,000 what is his deductible Keogh contribution for 2011?

a-16,000

b-20,000

c-49,000

d-64,000

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Accounting Basics: His earnings from self-employment before the keogh

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Accounting Basics: His earnings from self-employment before the keogh

Reference No:- TGS02610505

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