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To: mlmr
Simple answer: If it was taxable, they would have taken out withholding tax. But hire a CPA and verify that.
16 posted on 02/02/2004 6:00:00 PM PST by balrog666 (Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.)
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To: balrog666
Simple answer: If it was taxable, they would have taken out withholding tax. But hire a CPA and verify that.


Not so simple, they sent me a form asking me whether I wanted to take out withholding. I thought since it was insurence that I didn't need to . Now I undersand that annuities are not like insurance.
26 posted on 02/02/2004 6:21:10 PM PST by mlmr (Taxation with greedy representation is not a good thing)
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