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Old 11-15-2014, 09:47 PM
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Join Date: Nov 2014
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Question Does taxable annuity count as income if given away?

I am set to receive a taxable annuity. I will be donating it to a 501(C)(3) that I'm setting up. Since I account on a cash basis and since the money will never be in my possession, is it even income for me?

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