Question: A 6 5 - year - old taxpayer has a traditional IRA. The taxpayer has made deductible contributions to the plan totaling $ 2 0

A 65-year-old taxpayer has a traditional IRA. The taxpayer has made deductible contributions to the plan totaling $20,000. The current balance in the account is $28,000. The taxpayer withdraws $10,000 from the plan. What portion of the withdrawal is taxable?

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