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Question 48 of 15 Each of the following is a factor in determining the r e d minimum distrib distribution from an IRA EXCEPT: The

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Question 48 of 15 Each of the following is a factor in determining the r e d minimum distrib distribution from an IRA EXCEPT: The age of the beneficiary The taxpayer's life expectancy The account balance as of December 31 of the previous year The amount of nandeducible contributions - D Mark for follow up Question 49 of 75. Dale is a degree candidate at a state university. He received a $3.500 unrestricted scholarship from a organization. How much of Dale's scholarship is taxable? so $3,500 The portion that exceeds his room and board expenses The portion that exceeds his tuition and book expenses Mark for follow up estion 50 of 75. 2016, Dylan converted $5,250 from his traditional IRA to a Roth IRA. In 2019, when the value of the Ros own to $6,600, Dylan, then age 60, withdrew the entire balance. What is the tax treatment of this distrit None of the distribution is included in income, but there is a 10% tax penalty on the entire distribution Only the $350 in earnings is included in income, but there is no penalty on the earnings distribution Only the $350 in earnings is in included in income and there is a 10% penalty on the earrings distribution The distribution is not included in income and there is no penally Mark for follow up stion 51 of 75. simo (47) takes a $9,000 distribution from his IRA to pay some of his daughter's $12,000 qualifie enses at an eligible educational institution. His daughter paid $4,000 of her expenses with a tax much of Massimo's IRA distribution is subject to the 10% tax on early distributions? 9,000 3,000 1,000

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