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have lifetime joint survivor nonqualified annuity. Began getting 10,500 this year. Invested 100,000 in 2011. Pub 575:invested costs are recovered. does turbo calculate?
Again, cost or investment in annuity contract can be recoveredper IRS Pub 575 page 11. Does turbo tax do this calculation using the simplified method worksheet? Did not do it as I added this information!
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‎January 27, 2024
4:07 PM