Rafael and Lucy Gonzalez, married taxpayers, each contribute $4,750 to their respective § 401(k) plans offered through t

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answerhappygod
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Rafael and Lucy Gonzalez, married taxpayers, each contribute $4,750 to their respective § 401(k) plans offered through t

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Rafael and Lucy Gonzalez, married taxpayers, each contribute
$4,750 to their respective § 401(k) plans offered through their
employers. The AGI reported on the couple's joint return is
$50,700. Determine their credit for retirement plan contributions
(the Saver’s Credit).
As a result, they may claim a credit for their retirement plan
contributions of $fill in the blank 1
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