LO3 Ghon is a married taxpayer who retired from his job at Smithfield Printing in 2009. During

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LO3 Ghon is a married taxpayer who retired from his job at Smithfield Printing in 2009. During 2010, he turns 70½, and begins withdrawing the $215,000 (balance as ofDecember 31, 2009) in assets in his pension account. Smithfield maintains a noncontributory pension plan. Determine the required minimum distribution that Ghon must take.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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