1) Jessica retired at age 65. On the date of her retirement, the balance in her traditional IRA was $209,000. Over the years, Jessica had made $20,900 of nondeductible contributions and $64,500 of deductible contributions to the account. If Jessica receives a $59,000 distribution from the IRA on the date of retirement, what amount of the distribution is taxable?

2) On November 1, year 1, Jamie (who is single) purchased and moved into her principal residence. In the early part of year 2, Jamie was laid off from her job. On February 1, year 2, Jamie sold the home at a $38,000 gain. She sold the home because she found a new job in a different state. How much of the gain, if any, may Jamie exclude from her gross income in year 2?

3) Michael (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2017, when he moved out of the home, and rented it out until July 1, 2018, when he moved back into the home. On July 1, 2019, he sold the home and realized a $325,000 gain. What amount of the gain is Michael allowed to exclude from his 2019 gross income?