Mrs. Shin retired in 2014 at age 63 and made her first withdrawal of $20,000 from her
Question:
a. Mrs. Shin’s contributions to her IRA were deductible.
b. Mrs. Shin made $26,500 nondeductible contributions to the IRA.
c. Mrs. Shin made $37,950 nondeductible contributions to the IRA.
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Related Book For
Principles Of Taxation For Business And Investment Planning 2016 Edition
ISBN: 9781259549250
19th Edition
Authors: Sally Jones, Shelley Rhoades Catanach
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