Jamie is 42 years old and received a $20,000 distribution for his roth ira established in 2009. at the time of distribution, the roth ira account totaled 33,748: $18,000 regular contributions, $10,000 taxable conversion contributions made in 2014, and 5,748 earnings. how much of his distribution is taxable and subject to the early distribution penalty?

The rules for the Roth early distribution are as follows : Unless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an "early withdrawal penalty" of 10% on the amount of the distribution. This is IF a person has kept the amount in the account for his required five year tax period rule. If this condition has been met, the total penalty would be $ 2000.00

First sentence in the given passage is declarative sentence.

If one would combine first and second sentence, it would become compund sentence.

Explanation:

Brighton Beach Memoirs is a play written by Neil Simon. It is considered for some parts a semi-autobiography of the author.

The given passage talks about this play.

The first sentence of the passage is declarative sentence. A declarative sentence or assertive sentences are those statements that tend to give information or inform the audience about something. For instance, Mary loves reading books. This statement is declarative as it is giving information about Mary's likes.

In the same manner, the first statement of the passage is declarative as it is giving infomration about thoughts of some people about Eugene, the protagonist of the play.

If one would combine first and second sentence, it would become a compound sentence. A compound statement is a sentence that consists of two independent statement combined by a coordinating conjunction.

The first and second statement of the passage are two independent statements that can be combined using a coordinating conjuction.