Holmes, Washington, Jackson, Calhoun, Bay, Gulf
5052 Highway 90 East
Marianna
FL
32446
Phone: (850) 526-4910
Fax: (850) 482-6597
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The member generally does not recognize Nonqualified Allocated Surplus as taxable income until it is redeemed or retired in cash.
The member generally recognizes the allocation as taxable income in the year the notice of allocation is received.