O Because he dld Because he did not file his tax return before the due date but did file it before the extension due date, heIs the maximum IRA contribution for 2017 O He is eligible to make the maximum IRA contribution because he filed his 2017 tax return before the extension due date. ?Mark for follow up Question 5 of 75. A trustee-to-trustee rollover is the preferred way to transfer one retirement account to another. All of these are potential problems when taxpayers take the distribution and handle the rollover themselves EXCEPT O The taxpayer must complete the entire rollover process within 60 days or the distribution will be taxable. O The taxpayer is subject to a penalty if they try to do a rollover from the same IRA more than once per year. The distribution is subject to 20% withholding, and the taxpayer must come up with this amount themselves or it will be taxable The taxpayer cannot claim an exception to the 10% penalty. Mark for follow up estion 6 of 75. is 34 years old. He contributed $3,000 to a Roth IRA in 2014 and $2,000 in 2015. In 2017, he withdrew the ent nce, which had grown to $5,466. How much of Leo's withdrawal is taxable and subject to penalty? Zero taxable and $466 subject to penalty. 466 taxable and $466 subject to penalty. gg isueblo and $466 Subiect to penalty