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Donny made after-tax contributions to his employer's qualified plan of $18,000. At the time he requested a nonperiodic distribution, his account balance was $89,000. He
Donny made after-tax contributions to his employer's qualified plan of $18,000. At the time he requested a nonperiodic distribution, his account balance was $89,000. He received a one-time distribution of $14,000. How much of the distribution is tax-free? $0 $2,831 $4,000 $14,000
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Managerial Accounting Working Papers
Authors: John G. Helmkamp
2nd Edition
0471514292, 978-0471514299
