investment. a. If Betty collects $3,000 in 2024, her gross income is $630(0.03$21,000). ...
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investment. a If Betty collects $ in her gross income is $$ b If Betty lives to collect more than payments, all of the amounts collected after the th payment must be included in taxable income. c If Betty lives to collect only payments before her death, she will report a $ loss from the annuity $$$ on her final return. d Betty has nogross income until she has collected $ 
investment.
a If Betty collects $ in her gross income is $$
b If Betty lives to collect more than payments, all of the amounts collected after the th payment must be included in taxable income.
c If Betty lives to collect only payments before her death, she will report a $ loss from the annuity $$$ on her final return.
d Betty has nogross income until she has collected $
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