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03 - Accounting & Taxes Accounting Help & Tax Strategies

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  #1  
Old 07-15-2008, 05:21 AM
geetha
 
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Default proceeds paid under a life insurance contract taxable

Are proceeds paid under a life insurance contract taxable and do they have to be reported as income?

regards,
geetha
http://numia.biz
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  #2  
Old 07-15-2008, 04:17 PM
Evan
 
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Default

Life insurance proceeds are not taxable on your 1040.
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  #3  
Old 09-30-2012, 05:47 AM
adrian_in9@yaho adrian_in9@yaho is offline
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Join Date: Oct 2007
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Default re

This is a lucrative opportunity for you to show your clients and prospects how a properly structured annuity could be the ideal product to set them on a safe course to retirement and beyond.
http://www.bankersannuitybrokerage.c...ting-mall-rme/
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