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csuffel
New Member

I just borrowed some money from my whole life insurance policy where do I report that amount

 
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MinhT
Expert Alumni

I just borrowed some money from my whole life insurance policy where do I report that amount

Loans from your life insurance policy are not considered as income. You do not have to report them on your tax return.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MinhT
Expert Alumni

I just borrowed some money from my whole life insurance policy where do I report that amount

Loans from your life insurance policy are not considered as income. You do not have to report them on your tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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