Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
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Earth is a round planet made up of layers. The inner core, an outer core, the lower mantle, the upper mantle, and the outer solid crust. The earth is 61 degrees F (16 C). The earth is made up of iron and nickel. In fact, the earth is made up of oxygen (46%), silicon (27.7%), aluminum (8.1%), iron (5%), and calcium (3.6%). Composition of the Earth.
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An organism<span> can be homozygous dominant, if it carries two copies of the same dominant allele, or homozygous recessive, if it carries two copies of the same recessive allele. </span>Heterozygous<span> means that an </span>organism<span> has two different alleles of a gene.</span>
