42. LO.6 Dana, age 54, has a traditional deductible IRA with an account balance of $107,600, of...

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42. LO.6 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 2013, she converts her traditional IRA into a Roth IRA. What amount must Dana include in her gross income for 2013?

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South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts

ISBN: 9781285424484

37th Edition

Authors: William H. Hoffman Jr., William A. Raabe, James E. Smith, David M. Maloney, James C. Young

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