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Tammy Taxpayer purchased an annuity for $ 5 0 , 0 0 0 in 2 0 1 7 that would pay her $ 5 0

Tammy Taxpayer purchased an annuity for $50,000 in 2017 that would pay her $500 per month for the rest of her life. Her life expectancy at the time she purchased the annuity was 10 years. How much of the annuity will Tammy include in gross income during 2024?

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