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Do I report life insurance money I received from a deceased parent?

I need to know if I need to pay taxes on it

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Do I report life insurance money I received from a deceased parent?

No. That is not taxed.

Do I report life insurance money I received from a deceased parent?

No. You do not need to report the proceeds you received as the beneficiary of a life insurance policy. It is not taxable and does not have to be reported on your tax return.

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Do I report life insurance money I received from a deceased parent?

But they might have paid some interest after death on it. That will be taxable on a 1099-INT. My husband died last year and I got a 1099-INT with some interest from the insurance company.

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