Mr. X, age 53, owns a traditional IRA with a $215,000 current balance. Mr. X recently divorced
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Mr. X, age 53, owns a traditional IRA with a $215,000 current balance. Mr. X recently divorced his wife and transferred this IRA to her as part of the property settlement.
Identify the tax issue or issues suggested by the above situations, and state each issue in the form of a question.
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Related Book For
Principles Of Taxation For Business And Investment Planning 2018
ISBN: 9781259713729
21st Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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