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Business, 10.01.2020 02:31 tddreviews
When withdrawing cash from a cash value life insurance policy, the amount of the withdrawal up to the policy's cost basis is tax-free. this tax accounting rule is referred to as:
a. last-in, first-out (lifo)b. first-in, first-out (fifo)c. dollar cost averagingd. first-in, still there (fist)
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When withdrawing cash from a cash value life insurance policy, the amount of the withdrawal up to th...
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