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The part of a pension or annuity distribution that represents _______________ should be non-taxable at the time of distribution. The return of the taxpayer's own

The part of a pension or annuity distribution that represents _______________ should be non-taxable at the time of distribution.

  1. The return of the taxpayer's own after-tax money, invested into the pension or annuity

2. The taxpayer's gain on the investments contained in the pension or annuity

3. Both A and B are non-taxable

4. Both A and B are taxable

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