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Business, 18.08.2019 00:10 helpmeplease519

Lisa, age 45, needed some cash so she withdrew $50,000 from her roth ira. at the time of the distribution, the balance in the roth ira was $200,000. lisa established the roth ira 10 years ago. over the years, she has contributed $20,000 to her account. what amount of the distribution is taxable and subject to early distribution penalty? (deduct any contributions you have made) a. $0.b. $5,000.c. $30,000.d. $50,000.

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