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    Federal Taxation
  4. Exam
    Exam 19: Gross Income: Inclusions
  5. Question
    Payments from an Annuity Purchased from an Insurance Company Are
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Payments from an Annuity Purchased from an Insurance Company Are

Question 123

Question 123

True/False

Payments from an annuity purchased from an insurance company are not taxable until the taxpayer has recovered the purchase price of the annuity.

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