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Fenton has a health savings account (HSA). In 2021, he took a $2,000 distribution from the account to make a down payment on a car.

Fenton has a health savings account (HSA). In 2021, he took a $2,000 distribution from the account to make a down payment on a car. What penalty will Fenton incur?

$120

$400

$2,000

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