Mathematics, 03.10.2021 20:40 cristian691023

Allie received a $50,000 distribution from her 401(k) account this year that she established while working for Big Stories, Inc. Assume that her marginal ordinary tax rate is 24 percent. Problem 13-52 Part a (Static)
a. Allie is 45 and still employed with Big Stories, Inc. How much tax and penalty will Allie pay on the distribution?

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