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New Member
posted Mar 8, 2025 10:42:09 AM

Annuities expenses . Could I deduct in my return?

Annuities expenses . Could I deduct in my return?

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1 Replies
Expert Alumni
Mar 8, 2025 11:32:04 AM

Generally, most expenses related to annuities aren't tax-deductible on your personal tax return. If the annuity is being held in a business context, certain expenses might be deductible as business expenses.