Question: 0 0 : 0 9 : 1 6 Test la Question # 3 of 5 0 Ovestion 1 During the accumulation period, how is the
::
Test la
Question # of
Ovestion
During the accumulation period, how is the interest credited to an annuity generally taxed in regard to its owner, if the owner is an individual?
A Taxed as capital gains
B Troatod as tax tostos
C Excluded from current taxation
D Taxed as ordinary income
Check for Review
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
