Social Studies: If an annuitant, whose annuity starting date was january 1, 2008, dies before recovering his or her investment in the annuity, any unrecovered investment is recognized as a miscellaneous itemized deduction on the annuitant s tax return for the year of death. true or false?

If an annuitant, whose annuity starting date was

Ответ:

Abbymay17

16.01.2022

TRUE

Explanation:Annulity is a contract between an insurance company and a person used primarily by retired workers of a company or Government agency.It guarantees constant stream of income,if a person dies before recovering all of his investment is recovered tax free, any unrecovered sum of money will be allowed as a miscellaneous itemized deduction on the person's final income tax.

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Ответ:

billycain9647

20.04.2021

Social Studies

We find 8.5% of 'p' and add it to 'p'.

p + (8.5% * p) = 368.9

8.5% = 0.085

Multiply:

p + 0.085p = 368.9

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If an annuitant, whose annuity starting date was january 1, 2008, dies before recovering his or her investment in the annuity, any unrecovered investment is recognized as a miscellaneous itemized deduction on the annuitant's tax return for the year of death. true or false?

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