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Partial Surrender/Partial Withdrawal
LOB: Variable Life II
Contract #: 004442055
Inforce agency code: 999
Insured name: MINNIE MOUSE
Policy status: Premium Paying
Partial Surrender/Partial Withdrawal:
Amount (Refer to Account Value Quote Screen):
Effective date: 03/20/1999
Surrender charge (Refer to Quote Screen):
Contract Information Before After
Base policy face amount: 50,000.00
Base annual standard premium: 1,684.50
Base annual substandard premium: 285.00
Base annual disability premium: 0.00
Death benefit option: 3 3
Cash surrender value: 18,359.04 16,339.04
*Fund account balance: 18,359.04 16,339.04
Loan amount: 0.00 0.00
Loan interest: 0.00 0.00
Loan asset credit: 0.00 0.00
Accumulated surrender charge: 0.00 20.00
Tax Information Before After
Cost basis: 0.00 0.00
Gain: 18,359.04 16,339.04
MEC status: None None
Total 7-pay premium: 7,374.27 5,625.27
Guideline single premium: 0.00 0.00
Accumulated guideline level: 0.00 0.00
Premiums paid for guideline: 0.00 0.00
Current year guideline premium margin: 0.00 0.00
Excess guideline amount paid: 0.00 0
Total distribution amount: 0.00 2,000.00
Taxable distribution amount: 0.00 2,000.00
Corridor death benefit: 0.00 20,060.57
Recapture ceiling amount: 0 2020
Penalty tax indicator: No No
Distribution code: None Normal
Alerts: Taxable distribution due to recapture ceiling
*Fund Account Balance represents values as of 03/19/1999.
This does not reflect actual values as of the transaction date due to fund performance.

KCI Tax Workstation version 2.1i COPYRIGHT ©1999-2014 by Koehler Consulting, Inc.