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if the interest rate beingQuestion #25 of 25 During the accumulation period, how is...

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Accounting

if the interest rate beingQuestion #25 of 25
During the accumulation period, how is the interest credited to an annuity generally taxed in regard to its owner, if the owner is an individual?
A) Treated as tax losses
B) Taxed as capital gains
C) Taxed as ordinary income
D) Excluded from current taxation
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