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Unless you claimed a business deduction for your automobile insurance, it is not taxable.
While called a "dividend", it is a "return of premium paid". Automobile insurance premiums for personal-use of a vehicle are not deductible, so a return of any part of those premiums is not taxable.
Unless you claimed a business deduction for your automobile insurance, it is not taxable.
While called a "dividend", it is a "return of premium paid". Automobile insurance premiums for personal-use of a vehicle are not deductible, so a return of any part of those premiums is not taxable.
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