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  3. 1. a roth ira distribution will be reported on lin

1. A Roth IRA distribution will be reported on line 4a, but will not be...

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Accounting

image1. A Roth IRA distribution will be reported on line 4a, but will not be included on line 4b of 1040.

2. because a qualified Roth iIRA (code Q) is not taxable, you do not have to report the distribution on 1040 at all.

3. Line 4a IRA distributions of your 1040 should be $35,000 for the total IRA Distribution

4. . Line 4a IRA distributions of your 1040 should be $10,000 for the total IRA Distribution

A taxpayer has taken the following qualified distributions for the 2019 tax year: - One from their Roth IRA (Code Q) in the amount of $25,000 - One from their Traditional IRA (Code 7, Normal) in the amount of $10,000 You need to provide the correct entries in the following boxes of the federal Form 1040: - 4a IRA Distributions - 4 b Taxable Amount Is the following statement correct about this task

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