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krichard3
New Member

Group term life insurance over 50000 if I pay the premiums is it taxable

My employer left off my group term life insurance amount to enter into the tax return. How do I figure out the amount to enter
1 Reply
RichardK
New Member

Group term life insurance over 50000 if I pay the premiums is it taxable

Generally if you are paying for life insurance premiums over $50,000 with after tax dollars, the payments are not taxable.

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