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federal tax 2021 11. In 2021, Taxpayer, who is 71 years old, purchased an annuity that immediately begins to pay her $2,100 per month for

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11. In 2021, Taxpayer, who is 71 years old, purchased an annuity that immediately begins to pay her $2,100 per month for the rest of her life by paying a premium of $250,614. Determine the amount of the first monthly annuity payment that Taxpayer must include in gross income. $1,831 $1,365 $269 $735 $0 $2,100

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