Question 2 of 75 Fred turned 70% on October 1, 2016, He took the first required minimum distribution from his t O December 31, 2017. O March 1, 2018 O April 1, 2018. O April 18, 2018. Mark for folow up Question 3 of 75 Form 8606 is used for all of the following purposes EXCEPT: O To claim an exception to the penalty on an early distribution from a retirement plan. To calculate the taxable portion of a traditional IRA distribution. O To determine the taxable amount of a nonqualified distribution from a Roth IRA O To determine the taxable amount of a traditional IRA converted to a Roth IRA Mark for follow up Question 4 of 75 In 2011, Pamelia invested $5,000 in a Roth IRA. In 2017, at age 60, Pamelia withdrew the entire balan Question 3 of 75. Form 8606 is used for all of the following purposes EXCEPT: O To claim an exception to the penalty on an earty distribution from a retirement plan To calculate the taxable portion of a traditional IRA distribution. O To determine the taxable amount of a nonqualifmed distribution from a RothIRA O To determine the taxable amount of a traditional IRA converted to a Roth IRA Mark for followup Question 4 of 75. n 2011, Pamelia invested $5,000 in a Roth IRA. In 2017, at age 60, Pamelia withdrew the entire batance, which then totalke distribution? 2 The $7,000 is not included in income, but Pamelia must pay a 10% penalty on the entire distribution. The S2,000 in earnings is included in income, and Pamela is required to pay a 10% penalty on the entire distribution. O The $2,000 in earnings is included in income, but there is no penalty. O None of the distribution is included in income, and there is no penalty. Mark for follow up Question 5 of 75. tnutee to.trustee rollover is the preferred way to transfer one retirement account to another. All of these are potential prot