23 and 24

23. One of the advantages of investment money in a Roth IRA is that a. Withdre advantages of investment money in a Roth IRA is chat. investmenals are taxed at long-term capital gain rates, even if Year prior to funds were deposited into the Roth IRA less than one b. Contributions are deductible "For AG" as Adjustment deductions d. Withdrawals are not taxed at all 24. A taxpayer has investment interest expense of $5,000 and dividend income of $7, OOO. This taxpayer does not itemize her deductions. The above events increase her Taxable Income by: a. Zero b. $2,OO c. $5,000 . \$7, OOO