Question: Stefan is 2 7 years old and has a total AGI of $ 1 1 0 , 0 0 0 in 2 0 2 3

Stefan is 27 years old and has a total AGI of $110,000 in 2023. He contracts an illness in 2023 and incurs an unreimbursed medical bill that totals $7,500. He withdraws $7,500 from his traditional IRA to pay the bill. Which of the following is true?

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