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Get your taxes done using TurboTax
"Information return" is an IRS term applied to forms that contain tax information that is required to be reported to the IRS.
Information returns include Forms W-2, W-3 and W-2G, as well as all 1098 and 1099 series forms.
"Accelerated death benefit clause" is an insurance term for a clause in an insurance policy that will begin paying death benefits prior to the death of the insured.
You qualify for accelerated benefits if you contract a terminal illness and are expected to die within two years.
You also qualify if you've been diagnosed with an illness that will reduce your expected lifespan, if you need an organ transplant because of illness or if you are in hospice long-term care.
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March 9, 2023
5:54 AM