What is the exclusion ration formula as far as the payout of annuities?
Answers:
The amount of an annuity grant to be precise not subject to income import tax when received, since it is considered to be the return of the ingenious principal.
so i believe the formula would switch depending on the baggage and how much gain/principal make up the current go together of the annuity.
i ponder it can be taken such that 100k current utility beside 50k invested would stingy a 50% exclusion ratio.