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Camille has a tax-deferred 401(k) retirement account that holds $1,000,000 in investment assets. She rebalanced her portfolio throughout the year and incurred the following investment
Camille has a tax-deferred 401(k) retirement account that holds $1,000,000 in investment assets. She rebalanced her portfolio throughout the year and incurred the following investment income: Long-term realized capital gains (from sales): $15,000, ordinary dividends: $5,000, and taxable interest: $1,000. How much total investment income from her tax-deferred 401(k) account must Camille report on her current year tax return (no withdrawals were taken from her account)? O $5,000 O $6,000 O $0 O $21,000 K
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