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casey1077
Level 2
March 16, 2021
Question

are basic life insurance benefits taxable or is it just the interest rec'd

  • March 16, 2021
  • 2 replies
  • 8 views
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2 replies

itonewbie
itonewbie
Level 15
March 16, 2021

What benefit?  Death benefit?  Surrender value on whole life?

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    C
    casey1077Author
    Level 2
    March 16, 2021

    client was left as beneficiaryfrommuncle basic life insurance plus interest

     

    itonewbie
    itonewbie
    Level 15
    March 16, 2021

    @casey1077 But you still haven't answered our questions.

    ---------------------------------------------------------------------------------Still an AllStar
    qbteachmt
    qbteachmt
    Level 15
    March 16, 2021

    What is "basic?" Whole, term, universal?

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