CFR > Title 7 > Subtitle A > Part 3 > Subpart H – Cooperation With the Internal Revenue Service
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| § 3.90 | Reporting discharged debts to the Internal Revenue Service |
Terms Used In CFR > Title 7 > Subtitle A > Part 3 > Subpart H - Cooperation With the Internal Revenue Service
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.