Selling a life insurance policy to a family member for cash value as part of Medicaid spend down. What tax forms need to be completed as part of this transaction? 1099?

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you will have taxable income to extent the money you receive exceed the tax basis. CSV is not tax basis. only the insurance company will know your basis

I got approved for a payment plan of 180 days and now when I go to the website it says they were unable to complete the transaction you requested. What do I do now?

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Selling a life insurance policy to a family member for cash value as part of Medicaid spend down. What tax forms need to be completed as part of this transaction? 1099?

Selling a life insurance policy to a family member for cash value as part of Medicaid spend down. What tax forms need to be completed as part of this transaction? 1099?

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Selling a life insurance policy to a family member for cash value as part of Medicaid spend down. What tax forms need to be completed as part of this transaction? 1099?

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Selling a life insurance policy to a family member for cash value as part of Medicaid spend down. What tax forms need to be completed as part of this transaction? 1099?

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