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Macie has a traditional IRA account. She has made $8,400 of non-deductible contributions to the account during her lifetime and $45,600 of deductible contributions
Macie has a traditional IRA account. She has made $8,400 of non-deductible contributions to the account during her lifetime and $45,600 of deductible contributions to the account. She received a distribution of $7,200 on December 31, 2021. At the time of the distribution, the total value of the account was $105,000 (which leaves $97,800 in the account after the distribution). How much of this $7,200 distribution is taxable to Macie in 2021? $6,624 $1,326 O $7,200 $0 O $576
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