Skip to main content
Level 1
March 7, 2026
Question

Does taxable income reportable to IRS listed as $.00 from life insurance surrender have to be reported?

  • March 7, 2026
  • 1 reply
  • 51 views
Does surrender of life insurance policy have to be reported?

1 reply

DoninGA
Level 15
Level 15
March 7, 2026

If this is a return of premiums paid for the life insurance, that is not taxable income and is not reported on a tax return.