How much of the distribution will be taxable to madalyn


Problem

Madalyn contributed $30,000 to a Roth IRA over 15 years. The IRA has a current value of $67,500. She is 64 years old and takes a distribution of $38,000. How much of the distribution will be taxable to Madalyn?

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Financial Accounting: How much of the distribution will be taxable to madalyn
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