ribution qualifies for LSD treatment. Exam Question 30 Saccha\'s employer mainta

Question

ribution qualifies for LSD treatment. Exam Question 30 Saccha's employer maintains a pension plan and a profit-sharing plan. In the separates from the company and receives a total distribution from both plans.a 1930 and had participated in both plans for the last 20 years. What tax met available to Saccha for the distributions received from both plans ent year, Saccha ccha was born in methods are curr hod or A Capital gain (flat 20%) treatment for both plans Ordinary income only for the pension plan; ordinary income only for the profit-sharing plan Ordinary income only for the pension plan; TYA only for the profit-sharing plan TYA only for the pension plan; ordinary income only for the profit-sharing plan Exam Question 31 omGContent/Content/TRTA 639434/ebook/print preview htm

Explanation / Answer

Option A.

Saccha has the option of treating both the plans as capital gains of 0 to 20%

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