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elholmes
New Member

Can I avoid being taxed on $25K I received from a misc income if I rolled that into an annuity?

 
1 Reply
MichaelL1
Level 15

Can I avoid being taxed on $25K I received from a misc income if I rolled that into an annuity?

If this is earned income then look at doing a SEP IRA and that will help.

You cannot roll the money into a Annuity to avoid the taxes.

https://ttlc.intuit.com/replies/5204946


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