Dana, age 54, has a traditional deductible IRA with an account balance of $107,600, of which $77,300
Question:
Dana, age 54, has a traditional deductible IRA with an account balance of $107,600, of which $77,300 represents contributions and $30,300 represents earnings. In 2017, she converts her traditional IRA into a Roth IRA. What amount must Dana include in her gross income for 2017?
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The entire amount of 107600 is inc...View the full answer
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Related Book For 
South Western Federal Taxation Individual Income Taxes 2018
ISBN: 9781337385893
41st Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
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