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My dad passed away and we recieved money from his life policy, how do I need to file this?
My dad passed away 2 years ago and when finishing up his estate, we found that he had a life policy. I believe the check sent to me was in December of 2023 (I have to double check) but I did not cash it til February of 2024. I did not receive any tax paperwork on this benefit for tax purposes, just the letter attached to the check. Do I claim it for taxes 2023 or 2024? What do I need to do?
‎April 7, 2024
5:09 AM