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Three of the following events are considerations in calculating the Saver's Credit. Which one is NOT? The taxpayer took a distribution from a qualified plan
Three of the following events are considerations in calculating the Saver's Credit. Which one is NOT?
The taxpayer took a distribution from a qualified plan in the previous year.
The taxpayer's modified AGI crosses the allowable thresholds for this credit.
The taxpayer rolled over a 401(k) account to a traditional IRA.
The taxpayer has zero tax liability.
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