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Get your taxes done using TurboTax
So I looked into the policies. Each policy does include a "maximum dividend available", a "paid-up additions face amount", and a "paid-up additions cash value".
My policy shows a maximum dividend of $469.56, "paid-up additions face amount" of $2277, and a "paid-up addition cash value" of $469.56.
My oldest's account is: "max. div available" $213.18, "paid-up additions face amount" is $843, and "paid-up additions cash value" is $80.21.
My youngest's account is: "max. div available" $182.11, "paid-up additions face amount" is $2021, and "paid-up additions cash value" is $182.
This is all of the information I can see on the policies. We have never received any tax forms in the pass for interest earned on these accounts. Is it still advisable to not withhold? I just don't want to too surprised next tax year.