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jimzbr62
Apr 5, 2012, 02:16 PM
I owe about $1300, with a business that had net income last year. For every dollar that I put into an IRA, what is the approximate tax reduction?
AtlantaTaxExpert
Apr 5, 2012, 03:41 PM


Depends on your marginal income tax bracket; probably 15% or 25%.