Epstein File EFTA01454375: Holder (DS10)

Epstein Index›Documents›EFTA01454375

⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01454375: Holder (DS10)

General DocumentDate unavailableEFTA014543751 keyword hits

0

views

0

shares

0

reactions

1

persons

0

keywords

2

excerpts

This document contains tax guidance regarding annuity payments and variable premium variable annuity (PPVA) accounts, discussing income tax treatment for account holders who receive cash withdrawals or surrender annuities. The excerpt addresses tax election procedures for holders receiving payments less than return on investment.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

📋 Key Excerpts2

PersonKeyword

Excerpt 1

received as an annuity, e.g., cash withdrawals or complete surrender of the PPVA, the extent to which such amounts are included in the gross income of the **holder**

Excerpt 2

If an amount received is less than the return on investment, the **holder** may elect in a succeeding tax year in which payment is received to redetermine