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David GadberryTax Professional Level: Tax Enthusiast
Per the Social Security website: If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2012, that limit is $14,640.... Read More
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David GadberryTax Professional Level: Tax Enthusiast
No, a Charitable Remainder Trust does not pay any taxes. The capital gains are retained in the trust and passed out to the remainder beneficiary when the trust closes. Read More
David GadberryTax Professional Level: Tax Enthusiast
No. An individual can be the income beneficiary of a CRT but the remainder beneficiary must be a recognized charity. Read More
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