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Asked 12/10/2008

Taxes on annuity after death

My father died he has 2 index annuities and i am the benificery. i am going to take it all in a lump sum. the statement says there may be 15,000 dollars capital gaind . my question is how much withholding tax should i take out with this trans action. i can have then deduct it before payment.

 
 
 
 
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