Page 13 - Partnerships

PARTNERSHIPS

s11(m) – Annuities Paid

• 3 possibilities for deduction:

• Former employees

– EE retired - old age, ill-health or infirmity

• Former partner

– Also retired - old age, ill-health or infirmity BUT

also:

• Dependents of former employees or partners

– Retired OR deceased - doesn’t have to be old

age, ill-health or infirmity

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