Question
Jenny has an IRA AT $100,000 of which $50,000 consists of after tax contributions. here the ratio of non-qualified contributions to the total IRA Value
Jenny has an IRA AT $100,000 of which $50,000 consists of after tax contributions. here the ratio of non-qualified contributions to the total IRA Value is 50%. If Jenny takes out $20.000 from her IRA, how much of the withdrawal will be treated as a nontaxable return of basis under the discretionary withdrawal method.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
