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(Solved): Ginger, who is 75 years old, requested from the IRS a waiver of the 60-day rollover requirement. Sh ...



Ginger, who is 75 years old, requested from the IRS a waiver of the 60-day rollover requirement. She indicated that she provided written instructions to her financial advisor that she wanted to take a distribution from her IRA and roll it over into a new IRA. Her financial advisor inadvertently moved the funds into a taxable account. Ginger did not make the request of the IRS until five years after the mistake was made. Will the IRS permit the waiver? Group of answer choices Yes. The mistake was the fault of the financial advisor and the IRS regularly grants waivers in these circumstances. No. Ginger waited beyond the one-year period for filing such a request. No. Ginger waited an unreasonable amount of time before filing the request. No. The IRS never waives this requirement, except under the most extreme of circumstances.



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