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Save 4 points Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditional IRA account. The current balance of

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Save 4 points Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditional IRA account. The current balance of his IRA account is $161,129. Over the years, Rashaun has contributed to the IRA. Of his contributions, $45,600 was ondeductible and $10,000 was deductible If Rashaun currently withdraws $35,900 from the IRA, how much of the distribution is nontosable? Emma is an active participant in the rental condominium property she owns. During the year, the property generates a (529,870) loss; however, Emma has sufficient tax basis and at risk amounts to absorb the loss. If Emma has $95.444 of salary, $7,904 of long-term capital gains, $2,764 of dividends, and no additional sources of income or deductions, how much loss can Emma deduct? If none, answer 0

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