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  3. Study Set
    Essentials of Federal Taxation
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    Exam 5: Gross Income and Exclusions
  5. Question
    Retired Taxpayers Over 59½ Years of Age at the End
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Retired Taxpayers Over 59½ Years of Age at the End

Question 166

Question 166

True/False

Retired taxpayers over 59½ years of age at the end of the year must receive minimum distributions from defined contribution plans or they are subject to a penalty.

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