Is Cashing Out an Annuity Considered Income? Tax Implications You Need to Know
For the latest information about developments related to Pub. 575, such as legislation enacted after it was published, go to IRS. gov/Pub575. Distributions to victims of domestic abuse. If certain conditions are met, a distribution to a domestic abuse victim made after December 31, 2020, will not be subject to the 2010 additional tax on … Read more