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Valerie deposited $2000 into an ira that grew to $5000 by retirement. if valerie is currently in the 15% tax bracket and retired, how much tax will she have to pay when she with…

Valerie deposited $2000 into an ira that grew to $5000 by retirement. if valerie is currently in the 15% tax bracket and retired, how much tax will she have to pay when she with…
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Valerie deposited $2000 into an ira that grew to $5000 by retirement. if valerie is currently in the 15% tax bracket and retired, how much tax will she have to pay when she withdraws the entire $5000?

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User Benzi Heler
by
7.6k points

2 Answers

2 votes

Answer:

$750

Step-by-step explanation:

answered
User Everbox
by
8.0k points
5 votes
She'll pay $750 when she withdraws the 5000
answered
User MAXGEN
by
7.6k points
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