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New Member
posted Feb 23, 2024 4:10:00 PM

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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1 Replies
Level 15
Feb 24, 2024 6:39:07 AM

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