Member Since July 4, 2008
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Recent Activity by Tommy Shelby

Answered: Taxation on minimum distributions IRA

I do not believe that there is any way to avoid taxation unless your total income level is less than your exemptions.

Asked: Fair market value of life insurance

IRS has issued Rev. Proc. 2005-25 to define the fair market value of life insurance policies. It offers a safe harbor value as equal to the sum of all premiums paid. 1) How does the Service justify ...
  • Posted 4 years ago

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