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Now Up Question 39 of 75. from his former employer's pension plan. Denis received the following Form 1099-R reporting the pension payments. Denis On
Now Up Question 39 of 75. from his former employer's pension plan. Denis received the following Form 1099-R reporting the pension payments. Denis On January 1, 2021, Denis Dupont, a single taxpayer who was age 69 at the time, began receiving monthly retirement benefits did not receive any distributions before the annuity start date. There is no survivor beneficiary, Based on this information, what amount will Denis recover tax-free in 20217 (Answer choices are below the image.) CORRECTED (if checked) PAYER'S name, street address, city or town, state or province country, ZIP or foreign postal code, and telephone no. MARQUEE BRANDS 232 STRAWBRIDGE DRIVE YOUR CITY, YS XXXXX RECIPIENTS TIN XXX-XX-XXXX PAYER'S TIN XX-XXXXXXX RECIPIENT'S name DENIS DUPONT Street address (including apt. no.) 330 WEST 34TH STREET 1 Gross distribution 24,000.00 OMB No. 1545-0119 2021 2a Taxable amount 2 Taxable amount Form 1099-R Total distribution 3 Capital gain (included in 4 Federal income tax box 2) 5 Employee contributions Designated Roth contibutions or insurance premiums withheld 2,400.00 6 Net unrealized Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAS, Insurance Contracts, etc. appreciation in employer's securities 7 Distribution AN 8 Other code(s) SEPY SMPLE 7 antage of total Intal amplves contributions Copy B Report this income on your federal tax return. If this form shows federal income tax withheld in box 4, attach this copy to your return. This information is being furnished to the IRS CHICKE TENDERS........(4 pc.) $9 Fried or CHICKEN NUGGETS OTATO DULT PLATE
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