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Level 2
October 7, 2024
Question

insurance policy

  • October 7, 2024
  • 1 reply
  • 2 views

I cashed in a long term care policy The company said it was a non taxable policy. 

The only thing i can see on the cover of the policy is      (This certificate is intended to be a Qualified long term care Insurance contract) Dos that statement mean non taxable  

    1 reply

    Level 15
    October 7, 2024
    No text available
    Level 2
    October 8, 2024

    so how do i report this on my taxes. Thanks

    Level 15
    October 8, 2024
    No text available