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Get your taxes done using TurboTax
Hello:
I sold a policy last year for $100,000. I held it over 10 years. The total premiums I paid were $137,000.
I received a 1099 LS for $100,000. But the Life Insurance Company will not send a 1099 with the premiums paid.
I think I can still put it on Form 8949 and have a $37,000 capital loss carryover?
March 7, 2022
6:21 PM