Money I received from my mother's life insurance policy this year
Do I claim money I received from my Mother's life insurance policy when she passed away this year? Is so, how.
Do I claim money I received from my Mother's life insurance policy when she passed away this year? Is so, how.
HI Chris59,
The answer would be NO as you most likely are viewed as a beneficiary on a policy she paid for, whereby inheritances are considered non-taxable to you.
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