Question: Stella , a single taxpayer, age 8 1 , forgot to take her 2 0 2 3 required minimum distribution ( RMD ) of $

Stella , a single taxpayer, age 81, forgot to take her 2023 required minimum distribution (RMD) of $12000 from her traditional IRA. She realized her error in early 2024, and took the distribution before receiving any notice of deficiency and before any tax was asessed. What is her excess accumulations penalty ?
A. $600
B. $1200
C. $2400
D. $6000

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