ratsfans
New Member

I have a 1099-MISC from a death benifit payout from my fathers union, it is listed as a funeral benifut. Do I need to claim it or did i receive it because they had to file it?

 
MinhT
Expert Alumni

Get your taxes done using TurboTax

Life insurance death benefits (or funeral benefits) are not taxable. You do not have to report them on your tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"