My dad passed away 2 years ago and when finishing up his estate, we found that he had a life policy. I believe the check sent to me was in December of 2023 (I have to double check) but I did not cash it til February of 2024. I did not receive any tax paperwork on this benefit for tax purposes, just the letter attached to the check. Do I claim it for taxes 2023 or 2024? What do I need to do?
No, You will not receive any paperwork.
The life insurance payment you received is an inheritance and is not taxable.
You can take the money and celebrate the memory of your dad.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
