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97 . Penny , age 52 , takes a distribution of $36 , gee from her Traditional IRA account . She plans to deposit it

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97 . Penny , age 52 , takes a distribution of $36 , gee from her Traditional IRA account . She plans to deposit it in an IRA with a different bank Shortly after the distribution she drives her car through the front window of her credit union in a freak accident , and uses the funds to pay for the damages . What income and / or penalties related to the failure to rollover the IRA must she show on her tax return

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