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Reporting dividends on foreign whole-life investiment-linked insurance policy
Hi All,
I am a GC holder and resident of US. My wife holds a Manulife whole-life investment-linked insurance policy in Singapore. She gets dividends every year, which are reinvested towards the growth of the policy. Since this is not in US, we dont get issued a 1099-DIV. My question is - Do we need to report this as part of my return ? If so where in Turbo Tax (do i report this just as i was issued an 1099-DIV?)
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March 13, 2023
11:19 AM