A taxpayer who is 60 years old on retirement in the current year may use the special forward averaging method of computing his or her income tax on a lump sum distribution from a qualified plan only once.

Name: A taxpayer who is 60 years old on retirement in the current year may use the special forward averaging method of computing his or her income tax on a lump sum distribution from a qualified plan only once.
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A Taxpayer Who Is 60 Years Old on Retirement in the Current