I was a life insurance beneficiary n need to file to get the 10% interest back the company's kept?
02517
2 Replies
MaryK4
Expert Alumni
Apr 12, 2020 6:57:06 PM
Just enter your 1099-R and the tax withholding will be added to your return.
fanfare
Level 15
Apr 12, 2020 9:39:57 PM
if the policy holder borrowed against the policy you can end up losing on the face value payout. Policy holder never knew what was going to hit you. Filing a return won't get that money back.