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Shauna received a $100,000 distribution from her 401(K) account this year. Assuming Shauna's marginal tax rate is 25 percent, what is the total amount of

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Shauna received a $100,000 distribution from her 401(K) account this year. Assuming Shauna's marginal tax rate is 25 percent, what is the total amount of tax and penalty Shauna will be required to pay if she receives the distribution on her Soth birthday and she has not yet retired? Multiple Choice $0 $10,000 $25,000 $35.000 Tyson (62 years old) owns a traditional IRA with a current balance of $50,000. The balance consists of $30,000 of deductible contributions and $20,000 of account earnings. Convinced that his marginal tax rate will increase in the future, Tyson receives a distribution of the entire $50,000 balance of his traditional IRA and he immediately contributes the $50,000 to a Roth IRA. Assuming his marginal tax rate is 25 percent, what amount of tax, if any, must Tyson pay on the distribution from the traditional IRA? Multiple Choice O $0 $12,500 $7,500 $5,000

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