TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Annuities

July 23, 2012

Today TaxMama® has been hearing from several people in the TaxQuips Forum and elsewhere, with this question. “Someone just inherited an annuity. Is it taxable? And if so, how much of it is taxable?â€



Dear Family,

Generally, in the United S