Question: Chapter 7 - Question 5 Generally, distributions from a retirement plan are subject to income tax as ordinary income. Which of the following tax treatments

Chapter 7 - Question 5

Generally, distributions from a retirement plan are subject to income tax as ordinary income. Which of the following tax treatments is not an exception to ordinary income on a lump-sum distribution from a qualified plan?

A. Pre-74 capital gain treatment.

B. Non-recognition of gain treatment.

C. 10-year forward averaging.

D. Net unrealized appreciation.

Thank you.

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