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1 STATE OF WASHINGTON DEPARTMENT OF FINANCIAL INSTITUTIONS DIVISION OF CONSUMER SERVICES 2 3 4 5 6 IN THE MATTER OF DETERMINING Whether there has been a violation of the Consumer Loan Act of Washington
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What is pensions annuities and settlements?
Pensions annuities and settlements refer to income received from retirement funds, insurance policies, or legal agreements.
Who is required to file pensions annuities and settlements?
Individuals who receive pensions, annuities, or settlements are required to file this income on their tax returns.
How to fill out pensions annuities and settlements?
Pensions, annuities, and settlements should be reported on the appropriate tax forms as part of the individual's total income.
What is the purpose of pensions annuities and settlements?
The purpose of pensions, annuities, and settlements is to provide individuals with a source of income during retirement or as part of a legal agreement.
What information must be reported on pensions annuities and settlements?
Information such as the amount of income received, the source of the income, and any taxes withheld must be reported on pensions, annuities, and settlements.
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