Business, 01.11.2019 07:31 onna172001
Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditional ira account. the current balance of his ira account is $163,007. over the years, rashaun has contributed to the ira. of his contributions, $32,700 was nondeductible and $15,400 was deductible. if rashaun currently withdraws $26,500 from the ira, how much of the distribution is nontaxable?
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Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawal...
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