Retirement c utation error My s te taxpayer, had to repay social security benefns that she received and heroes income in a pior year. In 2018, she repaid 52.800 more than she received in benefits Asuming a n choose water that describes how yra should report her 2010 She should deduct the repayment amount as another med deduction Schedule A Ine 16 She will not be able to ded e repayment on her tax retum. She may use the repayment amount to foure a refundable tax credt She may detect the repayment amount as another med deduction on Schedule A line 15, OR she may use the amo to e a refundat credit Mark for follow up Question 39 of 75 Louie received a Form RRB-1099 showing a gross benefit paid in 2019 of $18.777 What type of payment is this? Th. Louie's Pension amount from the Ratroad Retirement Board Total contributions to his railroad retirement and used to come the taxable amount of his pension benefit Social security equivalent paid by the Railroad Retirement Board Social security payment paid by the Social Security Administration Mark for follow up astion 40 of 75. nuel's home was destroyed in Hurricane Irma and he qualified for a disaster distribution. He withdrew $85.00 IRA on October 30, 2017, which he included in his gross income on his 2017 tax return in 2019, Manuel was sit $60,000 in his IRA What is the tax treatment of the $60.000 deposit? The deposit reduces his 2017 distribution. He will file a revised Form 89158 and an amended return for 2017 he deposit will be treated as a fully deductible IRA contribution on his 2019 tax return he deposit wil be used to create a credit on his 2019 return of the difference between his 2017 tax labilny with ution and what it would have been with only $25,000 taxable. me deposit is a repayment and does not change his tax returns wk for follow up on 41 of 75. 40-year-old single taxpayer, contributed $25.000 to a commercial annuity in 2015. The annuity is a 2019, before the annuity start date, Clark took a nonperiodic distribution of $2,500 and used the me Retirement c utation error My s te taxpayer, had to repay social security benefns that she received and heroes income in a pior year. In 2018, she repaid 52.800 more than she received in benefits Asuming a n choose water that describes how yra should report her 2010 She should deduct the repayment amount as another med deduction Schedule A Ine 16 She will not be able to ded e repayment on her tax retum. She may use the repayment amount to foure a refundable tax credt She may detect the repayment amount as another med deduction on Schedule A line 15, OR she may use the amo to e a refundat credit Mark for follow up Question 39 of 75 Louie received a Form RRB-1099 showing a gross benefit paid in 2019 of $18.777 What type of payment is this? Th. Louie's Pension amount from the Ratroad Retirement Board Total contributions to his railroad retirement and used to come the taxable amount of his pension benefit Social security equivalent paid by the Railroad Retirement Board Social security payment paid by the Social Security Administration Mark for follow up astion 40 of 75. nuel's home was destroyed in Hurricane Irma and he qualified for a disaster distribution. He withdrew $85.00 IRA on October 30, 2017, which he included in his gross income on his 2017 tax return in 2019, Manuel was sit $60,000 in his IRA What is the tax treatment of the $60.000 deposit? The deposit reduces his 2017 distribution. He will file a revised Form 89158 and an amended return for 2017 he deposit will be treated as a fully deductible IRA contribution on his 2019 tax return he deposit wil be used to create a credit on his 2019 return of the difference between his 2017 tax labilny with ution and what it would have been with only $25,000 taxable. me deposit is a repayment and does not change his tax returns wk for follow up on 41 of 75. 40-year-old single taxpayer, contributed $25.000 to a commercial annuity in 2015. The annuity is a 2019, before the annuity start date, Clark took a nonperiodic distribution of $2,500 and used the me