https://ttlc.intuit.com/community/retirement/discussion/is-a-life-insurance-death-benefit-consdred-taxable-income-if-so-how-is-it-entered/01/84944#M4967 Sat, 01 Jun 2019 03:18:38 GMT taxstuff45 2019-06-01T03:18:38Z https://ttlc.intuit.com/community/retirement/discussion/is-a-life-insurance-death-benefit-consdred-taxable-income-if-so-how-is-it-entered/01/84944#M4967 Sat, 01 Jun 2019 03:18:38 GMT https://ttlc.intuit.com/community/retirement/discussion/is-a-life-insurance-death-benefit-consdred-taxable-income-if-so-how-is-it-entered/01/84944#M4967 taxstuff45 2019-06-01T03:18:38Z https://ttlc.intuit.com/community/retirement/discussion/no-payouts-from-life-insurance-are-not-generally-conside/01/84951#M4969 <B>No</B>, payouts from life insurance are <B>not</B> generally considered taxable income.&nbsp; If any portion was considered to be interest, this <B>would</B> be taxable.<BR /><BR />Please refer to the link below for additional information.<BR /><BR /><A href="https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-answers/interest-dividends-other-types-of-income/life-insurance-disability-insurance-proceeds/life-insurance-disability-insurance-proceeds" rel="nofollow" target="_blank">https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-an...</A><BR /><BR /> Sat, 01 Jun 2019 03:18:39 GMT https://ttlc.intuit.com/community/retirement/discussion/no-payouts-from-life-insurance-are-not-generally-conside/01/84951#M4969 AnnaB 2019-06-01T03:18:39Z