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Hello Can you please help with my Income tax Planning question How do I do I calculate how much income in includible in an annuitant's
Hello
Can you please help with my Income tax Planning question"
How do I do I calculate how much income in includible in an annuitant's gross income, If the annuitant pays $60,000 for a pure straight life annuity and their annual payments are $6,000. the annuitant's life expectancy is 16 years
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