My husband's daughter passed away in 2022 from cancer and he is the sole beneficiary. She had two critical illness insurance policies through her work. I do not know if the premiums were paid with tax-free money, do I need to know this?
Both checks received in 2022 were to my husband's name. Thus far I have received a 1099-MISC for the amount of one of the checks, however the 1099-MISC is in his daughter's name. I'm really confused here with the name difference; any thoughts on this?
Are critical illness insurance monetary benefits taxable?
