When a taxpayer who began receiving pension benefits in 2020 receives a Form 1099-R with an amount reported for total employee contributions in box 9b, the distribution is generally: Fully taxable. Never taxable Only taxable at the state and local level. O Partially taxable. Mark for follow up Question 53 of 75. Kenzie (17) will be claimed as a dependent on her parents' tax return. During the year, she earned wages of $1,750 from a part-time job and $50 in interest from her savings account. The maximum amount Kenzie may contribute to a traditional or Roth IRA for 2020 is: $0 $1,750 $1,800 $6,000 Mark for follow up Question 54 of 75. Under the SECURE Act, a sole proprietor was given the following incentives to start a retirement plan EXCEPT for: Increased tax credit for starting a retirement plan. O Tax credit for an automatic enrollment plan. Requires employers to allow part-time employees to enroll in a retirement plan if they have either one year of 1,000 hours or three consecutive years of at least 500 hours. No additional time allowed to adopt a new retirement plan, Mark for follow up Question 55 of 75. Jack is a 74-year-old, single taxpayer whose income consists of $10,000 in wages and $31,000 in social security benefits. The maximum amount he can contribute to a Roth IRA for 2020 is: $o $6,000 O $7.000 $10.000 Mark for follow up Question 56 of 75. Alexander, who is 43 years old and single, earned $10,750 in wages in 2020. The maximum amount he can contribute to a traditional IRA for 2020 is: O $0 $6,000 $7,000 $10,750 Mark for follow up