fesemagu
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05-10-2021
08:28 AM
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Taxpayer opened a Roth Ira account in 2014 with an initial contribution of $5,500.00; In 2020, taxpayer withdrew his contribution and received a gross distribution of $8,596.00. Taxpayer turn 55 years at the time of withdrawal. Is he only liable for his earning of $3,096.00?
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