Heidi has contributed $20,000 in total to her Roth 401(k) account over a six year period. When her account was worth $50,000 and Heidi was in desperate need of cash, Heidi received a $30,000 nonqualified distribution from the account. How much of the distribution will be subject to income tax and 10% penalty?

$0. $10,000. $12,000. $18,000. $30,000.

Amy is single. During 2015, she determined her adjusted gross income was $12,000. During the year, Amy also contributed $1,500 to a Roth IRA. What is the maximum saver's credit she may claim for the year?

$750. $1,000. $1,500. $0

Amy is single. During 2015, she determined her adjusted gross income was $12,000. During the year, Amy also contributed $2,500 to a Roth IRA. What is the maximum saver's credit she may claim for the year?

$1,250. $2,500. $1,000. $0.