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Li made contributions to a traditional IRA throughout the tax year totaling $4,000. On March...

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Accounting

Li made contributions to a traditional IRA throughout the tax year totaling $4,000. On March 22 of the year following the tax year before he filed his tax return. He withdrew $4,000 and $50 interest earned.
The $4,000 is The $50 is
Subject to income tax; subject to income tax
Subject to income tax; not subject to income tax Not subject to income tax; subject to income tax Not subject to income tax; not subject to income tax

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