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lesya692 [45]
4 years ago
9

How much of the $17,500 gross distribution reported on form 1099-r is taxable in 2015?

Business
1 answer:
yaroslaw [1]4 years ago
7 0
You have to divide the 38 months into the $1,320 r<span>eceived tax free. 
</span><span>Solution:
$1,320 divided by 38 months = $34.7368 per month
</span><span>$34.74 times 12 = $416.84
</span>$17,500 minus $417= $17,083
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