Retirement Question 1 of 75. Joan made deductible contributions to traditional retirement accounts for several years. In 2017, she decides to withdraw $10,000 from one of her accounts. Joan is 62 years old. How does this transaction affect her 2017 tax return? Joan must reporthe entire amount of $10,000. Joan does not have to report anything because she is over age 59%. Joan does not have to report any amount because the withdrawal was not from a Roth IRA. Joan must report the distribution she received but can elect to use the ten-year option