Alexandra purchased a 16 year annuity for $35,000 in 2018. Starting in January of 2022 Alexandra will receive $300 per month for 16 years. What is the total amount of the annuity payments that Alexandra will receive during 2022 that can be included in Alexandra's 2022 taxable income?

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To determine the total amount of annuity payments that can be included in Alexandras 2022 taxa... View the full answer