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  • Re: My parents took out a life insurance policy on me as a baby. It matured this year and the company sent me a check. Is this taxable?
NCperson
NCperson
Level 15
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Get your taxes done using TurboTax

the increased value of the policy (think interest over all those years) would be taxable income. 

‎March 10, 2020 1:14 PM
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