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April 9, 2025
Question

If you had life insurance given to you, what form do i use

  • April 9, 2025
  • 1 reply
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1 reply

SharonD007
April 9, 2025

Generally, life  insurance proceeds due to the death of the insured, that you were paid as a beneficiary aren't taxable and you don't report it on your tax return.

 

Refer to the IRS FAQ Life insurance & disability insurance proceeds and TurboTax Help article Do I need to report life insurance

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