the law imposes a 10% additional tax on early distributions from traditional and Roth IRAs unless an exception applies. Which of the following is not true regarding the 10% additional tax on early distributions?\\nA. Generally, early distributions are those a taxpayer receives from an IRA before reaching age 59(1)/(2)\\nB. A distribution that a taxpayer rolls over or transfers to another IRA or qualified retirement plan is not subject to this 10% additional tax\\nC. The additional 10% tax on early distributions from qualified retirement plans qualifies as a penalty for withdrawal of savings and can be deducted\\nD. The 10% additional tax applies to the part of the distribution that he or she has to include in gross incomev
the law imposes a 10% additional tax on early distributions from traditional and Roth IRAs unless an exception applies. Which of the following is not true regarding the 10% additional tax on early distributions?\\nA. Generally, early distributions are those a taxpayer receives from an IRA before reaching age 59(1)/(2)\\nB. A distribution that a taxpayer rolls over or transfers to another IRA or qualified retirement plan is not subject to this 10% additional tax\\nC. The additional 10% tax on early distributions from qualified retirement plans qualifies as a penalty for withdrawal of savings and can be deducted\\nD. The 10% additional tax applies to the part of the distribution that he or she has to include in gross incomev
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