Retlrement Income Taxation Exam Question 5 of 25 Select the best answer Which of

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Retlrement Income Taxation Exam Question 5 of 25 Select the best answer Which of the following statements is correct with respect to the aggregation rules? O A. A trust described in IRC Section 401(a) is not subject to the first aggregation rule. All stock bonus plans and profit-sharing plans of one employer are treated as a single plan B. under the first aggregation rule. If an employee receives a lump-sum distribution from each of two employers during the year 1040. The first aggregation rule is used to determine whether a distribution qualifies for LSD O C. one LSD can use TYA and the other can be reported as ordinary income on page 1 of Form D. treatment. Submit Answers

Explanation / Answer

answer b is correct with respect to the aggregation rule

all stocks and bonuses are treated as one single plan

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