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Jordan, age 42, received a $10000 eligible rollover distribution from her retirement plan. Her employer withheld $2000 from her distribution. Within 60 days, Jordan decides
Jordan, age 42, received a $10000 eligible rollover distribution from her retirement plan. Her employer withheld $2000 from her distribution. Within 60 days, Jordan decides to roll over the $8000, but she does not contribute the $2000 withheld by her employer to the new plan. Jordan will report what amount as taxable income on her tax return? A $0 B $1000 C $2000 D $ 10000
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