Accountant-Man
Level 13
08-04-2024
06:31 PM
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If you set up a CRAT or a CRUT, and the beneficiary will receive funds in the future, what is the present value of your donation? How many years are the term?
It's the charity's job to give you the numbers.
If you receive back income in the form of an annuity, then you get a 1099R and report the income.
** I'm still a champion... of the world! Even without The Lounge.