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Todd distributes 20000 from his IRA in the first half of 2017. the market value of the irs is 93.333 on Dec 31,2016, and 100000
Todd distributes 20000 from his IRA in the first half of 2017. the market value of the irs is 93.333 on Dec 31,2016, and 100000 on Dec 31 2017. If todd had a basis of 5000 in his IRA as of dec 31,2016 and he made no contributions in 2017. what portion of the 20000 distribution is included in gross income for 2017
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