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Retirement

Kayson's income is too high to make contributions to a Roth IRA. He would like to convert his traditional IRA to a Roth IRA. His current balance is $125,000, which includes $28,300 in nondeductible contributions. How much of the conversion will be subject to tax? a). $0, b). $28,300, c). $96,700, d). $125,000

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