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Which statement correctly completes the following sentence about Discharge of Qualifiod Principal Residence Indebtedne: Question 11 of 75. (QPRI)? This type of discharge from debt

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Which statement correctly completes the following sentence about Discharge of Qualifiod Principal Residence Indebtedne: Question 11 of 75. (QPRI)? This type of discharge from debt Can be defined as the restructuring of a loan that allows the borrower to retain ownership of their home. Is applicable to a second home. Is not likely to trigger cancellation of debt income. Occurs when the bank takes the home from the borrower to satisfy the mortgage debt. Mark for follow up Which of the following distributions is oligible for rollover treatment? A 55-year-old surviving spouse's distribution from a 60-year-old decedent's qualified plan. The decedent was employed at the of death. A distribution of excess deferrals made to a taxpayer because they were a highly-compensated employee who unknowingly pa too much into their employer's qualified plan. A hardship distribution. By the time the distribution was recelved, the taxpayer no longer faced the hardship. A required minimum distribution (RMD) from a 73-year-old taxpayer's former employer's qualified plan. The taxpayer continues work and is an active participant in his current employer's qualified plan. Mark for follow up

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