subject
Business, 23.01.2020 05:31 jraghubir50

Individual retirement accounts (lo 5.3) mary has a roth ira held more than 5 years to which she has contributed $30,000. the ira has a current value of $62,000. mary is 55 years old and she takes a distribution of $38,000. how much of the distribution will be taxable to mary?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:30
howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?
Answers: 1
question
Business, 22.06.2019 19:40
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
question
Business, 22.06.2019 22:10
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
question
Business, 23.06.2019 10:00
Brody and tanya recently sold some land they owned for $150,000. they received the land five years ago as a wedding gift from brody's aunt jeanette. she had already given them cash equal to the annual exclusion during that year. aunt jeanette purchased the land many years ago when the property was worth $20,000. at the time of the gift, the property was worth $100,000 and aunt jeanette paid $47,000 in gift tax. what is the long term capital gain on the sale of the property
Answers: 3
You know the right answer?
Individual retirement accounts (lo 5.3) mary has a roth ira held more than 5 years to which she has...
Questions
question
Mathematics, 11.03.2021 01:00
question
English, 11.03.2021 01:00
question
Physics, 11.03.2021 01:00
question
Mathematics, 11.03.2021 01:00
question
Mathematics, 11.03.2021 01:00