Lisa,age 45,needed Some Cash So She Received a $50,000 Distribution

Multiple Choice

Lisa,age 45,needed some cash so she received a $50,000 distribution from her Roth IRA.At the time of the distribution,the balance in the Roth IRA was $200,000.Lisa established the Roth IRA 8 years ago.Through a rollover and annual contributions,she has contributed $80,000 to her account.What amount of the distribution is taxable and subject to early distribution penalty?

A) $0
B) $20,000
C) $30,000
D) $50,000