best answer > Do you have to pay taxes on a life insurance policy 2024?- QuesHub | Better Than Quora
  • Do you have to pay taxes on a life insurance policy 2024?

    income you

    Questioner:Elijah Price 2023-05-07 11:59:23
The most authoritative answer in 2024
  • Isabella Carter——Studied at University of Cambridge, Lives in Cambridge, UK

    Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, aren't includable in gross income and you don't have to report them. However, any interest you receive is taxable and you should report it as interest received.read more >>
    +119962023-05-15 11:59:23

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