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Char (61) took a $6000 didtribution from her Roth IRA. Twenty percent, or $1200 is a didtribution of earnings on her contributions. The remaining $4800
Char (61) took a $6000 didtribution from her Roth IRA. Twenty percent, or $1200 is a didtribution of earnings on her contributions. The remaining $4800 is a distribution of her basis. Char established the account more than 20 years ago. How much of mer distribution is taxable.
a $0
b $1200
c $4800
d $6000
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