Solved: Are premiums taxable that have been refunded from a surrendered long-term care policy?

Are premiums taxable that have been refunded from a surrendered long-term care policy?

posted

No, that is just a return of premium - a refund. It is not taxable and does not need to be reported. If there was any interest component then you would have received a Form 1099-INT.

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No, that is just a return of premium - a refund. It is not taxable and does not need to be reported. If there was any interest component then you would have received a Form 1099-INT.