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14.11.2022 06:47
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Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect?
Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received income tax-free the amount contributed is deductible from taxable income the interest earnings are tax deferred a tax-sheltered annuity is available to employees of non-profit organizations?
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promiselee200
4,6(92 marks)
The incorrect statement is : The income from the TSA is received income tax-free. Upon retirement, payments received by employees from the accumulated savings in tax-sheltered annuities are treated as ordinary income.
michaelsoupios
4,5(13 marks)
All of the above belong to Western Europe
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