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Business, 23.07.2019 06:20 olivya2005d

Jessica retired at age 65. on the date of her retirement, the balance in her traditional ira was $200,000. over the years, jessica had made $20,000 of nondeductible contributions and $60,000 of deductible contributions to the account. if jessica receives a $50,000 distribution from the ira on the date of retirement, what amount of the distribution is taxable?

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