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Leigh Kaplan (71), a single taxpayer, began receiving a pension of $2,400 per month for life on July 1, 2007. Her 2022 Form 1099-R is

Leigh Kaplan (71), a single taxpayer, began receiving a pension of $2,400 per month for life on July 1, 2007. Her 2022 Form 1099-R is shown below. Which of the following statements is always correct?

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