Caden is 62 years old and has started taking annual distributions from his traditional IRA. A portion of Caden's IRA consists nondeductible contributions that he made while he was working. At the time of the current year's distribution, Caden has a total balance at the end of the year in his account of $205,000. Of that amount, $66,000 is from nondeductible contributions. Earnings on the nondeductible contributions equal $39,600. During the current year, Caden withdrew $15,000 from his IRA. Of his distribution, $willnotbe subject to taxation.

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