n 2016, Anthony, age 62, took a distribution from his traditional IRA. He had made a nondeductible contribution to the IRA in a prior year. Choose the response that best describes how Anthony should figure and report the taxable portion of his distribution.

None of the distribution is taxable because Anthony is over age 59 .

The pre-tax basis is distributed first, followed by after-tax contributions, followed by earnings.

The after-tax basis is distributed first, followed by pre-tax contributions, followed by earnings.

The distribution is a proportional combination of deductible and nondeductible contributions, along with tax-deferred earnings.