Dana, age 54, has a traditional deductible IRA with an account balance of $107,600, of which $77,300

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Dana, age 54, has a traditional deductible IRA with an account balance of $107,600, of which $77,300 represents contributions and $30,300 represents earnings. In 2015, she converts her traditional IRA into a Roth IRA. What amount must Dana include in her gross income for 2015?

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Essentials Of Taxation 2016 Individuals And Business Entities

ISBN: 9781305395305

39th Edition

Authors: William A. Raabe, David M. Maloney, James C. Young, William H. Jr. Hoffman

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