Question
Laurie age 50 takes $12000 from her traditional IRA she uses it to pay her nondependent grandson qualified education expenses at qualified educational institution How
Laurie age 50 takes $12000 from her traditional IRA she uses it to pay her nondependent grandson qualified education expenses at qualified educational institution How much of Laurie's distribution is subject to the 10 additional tax:
A. $0 or
B. $2000 or
C. $10000 or
D. $12000
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Step: 1
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
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