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DENIUS [597]
3 years ago
10

If an annuitant, whose annuity starting date was January 1, 2008, dies before recovering his or her investment in the annuity, a

ny unrecovered investment is recognized as a miscellaneous itemized deduction on the annuitant's tax return for the year of death. True or false?
Social Studies
1 answer:
docker41 [41]3 years ago
6 0

Answer:TRUE

Explanation:Annulity is a contract between an insurance company and a person used primarily by retired workers of a company or Government agency.It guarantees constant stream of income,if a person dies before recovering all of his investment is recovered tax free, any unrecovered sum of money will be allowed as a miscellaneous itemized deduction on the person's final income tax.

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Congress enacted “An Act to authorize a Bureau for the Welfare of Freedmen and Refugees” to procure food, shade, clothing, pharmaceutical services, and homeland to displaced Southerners, including newly liberated African Americans. The Freedmen's Bureau, formally recognized as the Bureau of Refugees, Freedmen and Rejected Lands, was organized in 1865 by Congress to support millions of previous black slaves and disadvantaged whites in the South in the consequence of the Civil War.

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None.

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When all of David's friends call home to tell their parents they will be getting home late from the game, David doesn’t bother,
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Some of the effects this style has on children include poor social and academic skills, emotional isolation and dependency towards other people.

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