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Level 1
April 24, 2024
Question

Seg Fund Guarantee Fees

  • April 24, 2024
  • 0 replies
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A deceased client has rec'd a letter from their insurer indicating that the guarantee fees that have been paid over the life of the contract are eligible to be cliaimed/deducted as a capital loss (they are only deductible in the year of death or when fully redeemed.  There are no box #'s, simply an amount to declare.  How/where does this get reported?

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