Determine the distribution due to death

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Question 1: Early distributions (before age 591⁄2) from a traditional IRA, Roth IRA, or other qualified retirement plan are subject to a 10% penalty on the taxable part of the distribution. However, there are certain exceptions to this penalty. All of the following are exceptions to the 10% penalty, except:

Problem a) Distribution due to death

Problem b) Distribution due to disability

Problem c) Distribution due to an IRS levy

Problem d) Distribution due to pay an IRS balance due

Reference no: EM132468212

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