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    Federal Taxation
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    Exam 9: Deductions: Employee and Self-Employed-Related Expenses
  5. Question
    In a Direct Transfer from One Qualified Retirement Plan to Another
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In a Direct Transfer from One Qualified Retirement Plan to Another

Question 158

Question 158

True/False

In a direct transfer from one qualified retirement plan to another qualified retirement plan, the employer must withhold 20% of the amount of the direct transfer.

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