You'll need to sign in or create an account to connect with an expert.
Life insurance death benefits are not taxable. But annuity death benefits do not pass to beneficiaries tax-free.
You have to report the form 1099-R that you received on your tax return.
Life insurance death benefits are not taxable. But annuity death benefits do not pass to beneficiaries tax-free.
You have to report the form 1099-R that you received on your tax return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
obeteta
New Member
Garbanzor29
Level 2
venae21
Level 1
DomN9
New Member
7bdc816fd047
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.