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FileYourTaxesNow.com does not give tax or legal advice. The comments regarding tax treatment on this web site simply reflect our understanding of current interpretations of tax laws as they apply to annuities. Since tax laws are always subject to interpretation and possible changes in the future. we recommend that you seek counsel of your attorney, accountant or other qualified tax advisor regarding annuity taxation as it applies to your particular situation.
IRS Circular 230 Disclosure
Any tax-related opinions in any part of this document or website (including any links) are not tax advice, and were not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties or for promoting, marketing, or recommending to another party any transaction or matter addressed herein. Any user of this website should seek the advice of a competent, independent tax professional regarding that user’s particular circumstances.
The author makes no claims, promises, or warranties about the accuracy of the information provided herein. Tax advice cannot be provided on a general basis, and must be specifically tailored for each individual by his or her particular representative. Everything included within is the author’s opinion and not a concrete fact.