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Your third client just celebrated his 72nd birthday in February. He recently sold the Subway...

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Accounting

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Your third client just celebrated his 72nd birthday in February. He recently sold the Subway that he owned for 30 years. His wife is two years older than he is. His IRA was worth $1,859,203.46 on December 31st of last year, but it is worth $2,450,891.76 now. Factoring for the SECURE Act of 2019, what is his RMD amount for the current tax year? Round your answer to the nearest dollar amount

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