Ghon is a married taxpayer who retired from his job at Smithfield Printing in 2021. During 2022,
Question:
Ghon is a married taxpayer who retired from his job at Smithfield Printing in 2021. During 2022, he turns 72 and begins withdrawing the $215,000 (balance December 31, 2021) in assets in his pension account. Smithfield maintains a noncontributory pension plan. Determine the required minimum distribution that Ghon must take.
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Related Book For
Concepts In Federal Taxation 2022
ISBN: 9780357515785
29th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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