Jamie is 42 years old and received a $20,000 distribution fromhis Roth IRA, established in 2009. At

/in /by

Jamie is 42 years old and received a $20,000 distribution fromhis Roth IRA, established in 2009. At the time of the distribution,the Roth IRA account totaled $33,378: $ 18,000 regularcontributions, $10,000 taxable conversion contributions made in2014, and $5,748 earnings. How much of his distribution is taxableand subject to the early distribution penalty? $0 taxable; $0 penalized. $0 taxable; $2,000 penalized $0 taxable; $20,000 penalized $2,000 taxable; $ 2,000 penalized . . .

 
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