Connor purchased an annuity that was to pay him a fixed amount each month for the remainder

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Connor purchased an annuity that was to pay him a fixed amount each month for the remainder of his life. He began receiving payments in 2005, when he was 65 years old. In 2022, Connor was killed in an automobile accident. What are the effects of the annuity on Connor’s final tax return?

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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