subject
Business, 15.11.2021 01:00 lauren21bunch

18. With regard to the taxation of an annuity's death benefit, which of the following statements is true?
O a. The beneficiary receives the death proceeds tax free.
ob. The beneficiary receives a step-up in basis.
oc. The full amount of the death benefit is taxable to the beneficiary.
od. The amount of the death benefit that exceeds the amount of invested principal is
taxable to the beneficiary.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 11:20, angeline2004
Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.
Answers: 3
image
Business, 22.06.2019 14:30, Hazy095
Taking commercial paper means the holder acts honestly
Answers: 1
image
Business, 22.06.2019 15:40, aroman4511
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
image
Business, 22.06.2019 19:00, 3peak101
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
You know the right answer?
18. With regard to the taxation of an annuity's death benefit, which of the following statements i...

Questions in other subjects:

Konu
Mathematics, 17.05.2021 18:10