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April 11, 2024
Question

Is the monthly annuity I purchased with my wife's life insurance taxable?

  • April 11, 2024
  • 1 reply
  • 0 views
purchased annuity in 2014

1 reply

April 16, 2024

It likely is taxed, at least, in part.  The taxable portion will be reported on IRS form 1099-R.

 

You may also contact the agent from whom you purchased the annuity.

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