https://ttlc.intuit.com/community/taxes/discussion/1099-r-from-a-life-insurance-policy/01/1377914#M499504 <P>My husband received funds from his mother's life insurance policy. I've entered everything, but would like to know if I can enter the funds received in the "Death" field from the "These Situations that may lower your tax bill".</P><P>Thank you!</P> Sun, 29 Mar 2020 19:56:56 GMT StupidCat62 2020-03-29T19:56:56Z https://ttlc.intuit.com/community/taxes/discussion/1099-r-from-a-life-insurance-policy/01/1377914#M499504 <P>My husband received funds from his mother's life insurance policy. I've entered everything, but would like to know if I can enter the funds received in the "Death" field from the "These Situations that may lower your tax bill".</P><P>Thank you!</P> Sun, 29 Mar 2020 19:56:56 GMT https://ttlc.intuit.com/community/taxes/discussion/1099-r-from-a-life-insurance-policy/01/1377914#M499504 StupidCat62 2020-03-29T19:56:56Z https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-from-a-life-insurance-policy/01/1378030#M499546 <P>Unfortunately, this is not something that has a remedy. The amount received is taxable.</P> Sun, 29 Mar 2020 20:17:39 GMT https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-from-a-life-insurance-policy/01/1378030#M499546 ColeenD3 2020-03-29T20:17:39Z https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-from-a-life-insurance-policy/01/1461276#M527256 <P>Thanks, Colleen! I appreciate the response!</P> Tue, 14 Apr 2020 00:20:12 GMT https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-from-a-life-insurance-policy/01/1461276#M527256 StupidCat62 2020-04-14T00:20:12Z