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Posted on Oct 01, 2024

In December, 2 0 2 3 Katy purchased an annuity that pays her $ 1 , 5 0 0 per month for 2 5 years.

In December,

2023

Katy purchased an annuity that pays her $

1, 500

per month for

25

years. She paid $

180, 000

for the annuity. Of the $

18, 000

Katy received in

2023,

how much will she include in her gross income?

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