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Chapter 3 Spring 12 - Burkett – Tax I Chapter 3 4 Example...

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Burkett – Tax I - Chapter 3 1 Annuity Example – Fixed Term George invests $6,000 and will receive $1,000/year for 10 years. What amount is excludable each year from George’s income ? Exclusion ratio? Exclusion each year? Gross Income each year?
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