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* * * * Scenario 4 : HSA Funding Exception ( The IRA - HSA One - Time Rollover ) Brian retired at age 5

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Scenario 4: HSA Funding Exception (The IRA-HSA One-Time Rollover)
Brian retired at age 56 and has health insurance with a high-deductible plan. He wants to fund his HSA and takes a $20,000 distribution from his Traditional IRA.
Wages: $36,000
Interest and Dividend Income: $1,800
Itemized Deductions: $17,000
Allowable deduction for self-employment tax: None
Questions:
Is Brian eligible for the one-time IRA to HSA rollover?
How does this exception work, and are there any age or income restrictions?
Calculate AGI, Taxable Income, and Total Tax Liability

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