Any Periodic Payments? Does quarterly interest on company stock in your 401K count as a periodic payment? (1099-R)
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No, because the interest income varies depending on stock performance, it is not a periodic payment. Think more along the lines of a pension or annuity- where you receive a monthly check for the same amount over the course of the contract.
No, because the interest income varies depending on stock performance, it is not a periodic payment. Think more along the lines of a pension or annuity- where you receive a monthly check for the same amount over the course of the contract.
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