Question
Which of the following nonqualified deferred annuity distributions would be considered, for tax purposes, to be an amount received as an annuity and taxed under
Which of the following nonqualified deferred annuity distributions would be considered, for tax purposes, to be an amount received as an annuity and taxed under more favorable rules?
| A) | An annuity contract surrender. |
| B) | An annuity contract withdrawal. |
| C) | A periodic payment received under an annuity contract. |
| D) | An annuity loan. |
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara A. Trenholm, Valerie A. Kinnear, Joan E. Barlow
6th Canadian Edition
1118557328, 978-1118557327
