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Get your taxes done using TurboTax
If you are the designated beneficiary of these annuities, the trust and the probate estate have nothing to do with them. The taxable amount of distributions paid to you from these annuities, reported on Forms 1099-R issued to you, would add to your AGI and would be taxed at your marginal tax rate on your individual tax return.
‎January 24, 2025
3:38 PM