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February 24, 2024
Question

IF, I've contributed 10,000.00 to an annuity and later close it and get 7,500. 00 how much should i be taxed?

  • February 24, 2024
  • 1 reply
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1 reply

fanfare
Employee
February 24, 2024

since you are getting you own contribution back , you should not be taxed.