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Beverly inherited a traditional IRA from her father. There was $100,000 in the account when she inherited the IRA. Her father had made $20,000 in
Beverly inherited a traditional IRA from her father. There was $100,000 in the account when she inherited the IRA. Her father had made $20,000 in nondeductible contributions. What is Beverly's basis in the inherited IRA? $0 $20,000 $80,000 $100,000
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