Business, 07.11.2019 20:31 emmanuel96

Problem 9-36 (lo. 6) amber's employer, lavender, inc., has a § 401(k) plan that permits salary deferral elections by its employees. amber's salary is $99,000, and her marginal tax rate is 24% and she is 42 years old. a. what is the maximum amount amber can elect for salary deferral treatment for2019? $ b. if amber elects salary deferral treatment for the above amount, how much can she save in taxes? her tax liability for 2019 would be reduced by $. c. what is the recommended amount that amber should elect as salary deferral treatment for 2019? $.

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Problem 9-36 (lo. 6) amber's employer, lavender, inc., has a § 401(k) plan that permits salary defer...

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