Question: chapter 7 question 5 generally distributions from a retirement...
Chapter 7 - Question 5
Generally, distributions from a retirement plan are subject to income tax as ordinary income. Which of the following tax treatments is not an exception to ordinary income on a lump-sum distribution from a qualified plan?
A. Pre-74 capital gain treatment.
B. Non-recognition of gain treatment.
C. 10-year forward averaging.
D. Net unrealized appreciation.