Zed received a $10,000 early distribution from his pension plan, and 20% ($2,000), was withheld for federal income tax. He received a check for $ 8,000 . How much must Zed roll over to a qualified plan within 60 days in order for the full amount to be nontaxable?

Answer rating: 100% (QA)

To avoid taxes on the entire 10000 early distribution Ze... View the full answer