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Charles retired 3 years ago at age 73 from working at his family's laminating business. His required minimum distribution for 2023 is $2,000. Charles elects

Charles retired 3 years ago at age 73 from working at his family's laminating business. His required minimum distribution for 2023 is $2,000. Charles elects to only withdraw $1,500 from his IRA account. How much excise tax may Charles have to pay for that year? A. $200 B. $100 C. $250 D. $50

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