Fundamentals of Federal Income, Estate, and Gift Taxes, with Emphasis on Life Insurance and Annuities1958 - Annuities - 238 pages |
Common terms and phrases
adjusted basis adjusted gross adjusted gross income alimony allocated allowed amount annual annuity contract apply assets beneficiary benefit capital gain cash cent cent cent charitable Commissioner community property computed corporation corpus Court death proceeds death taxes decedent decedent's death decedent's gross estate distributable net income dividends donor election employee erty estate owner exceed excluded exemption expenses fair market value federal estate tax gain or loss gift tax grantor gross estate gross income held Helvering incidents of ownership included income tax insurance policy insurance proceeds insured's joint tenancy marital deduction ment option ordinary income partner payable payments person portion power of appointment premiums paid prior prop provisions purchase qualify rates received regulations Revenue Code rule share shareholders stockholder surviving spouse tax law tax purposes tax-exempt taxable income taxation taxpayer tenancy tion transfer trust income trust instrument wife