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JMKM
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IF, I've contributed 10,000.00 to an annuity and later close it and get 7,500. 00 how much should i be taxed?

 
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IF, I've contributed 10,000.00 to an annuity and later close it and get 7,500. 00 how much should i be taxed?

since you are getting you own contribution back , you should not be taxed.

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