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The estate of Velma Martinez was the sole beneficiary of Velma's traditional Eric that the estate took a total distribution from the plan in 2022
The estate of Velma Martinez was the sole beneficiary of Velma's traditional Eric that the estate took a total distribution from the plan in 2022 that during her life Velma made for $10,000 in nondeductible contribution to the plan that the value of the account on the date of the wellness staff was $98,000 that the value of the account on the date of distribution was under $2000. What is the total amount of taxable income reported on each state form 1041.
The Estate of Velma Martinez was the sole beneficiary of Velma's traditional IRA. The estate took a total distri Velma's death was $98,000. The value of the account on the date of the distribution was $102,000. What is the $4.000 $84,000 $88,000 $102000 Step by Step Solution
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