$40.000 Mark for follow up 2 Question 24 of 75 a taxpayer's pension or annuity includes contributions that were previously included in gross income the taxpayer may generally do all of the following EXCEPT Use the general rule to compute the tax-free part of their payments if they began receiving payments after November 18, 1996 O Exclude the amount of the distribution that is considered a return of basis. Assume that the tax-free part of the payment will remain the same each year, even if the amount of the payment changes Use the simplified method to compute the tax-free part of their payments it they began receiving payments wer November 18 1996 for follow up