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emma4433
New Member

How to report foreign life insurance on TurboTax? I have the deluxe version, and am only holding a foreign life insurance policy but not receiving any income from it.

 
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‎June 3, 2019 11:58 AM
last updated ‎June 03, 2019 11:58 AM
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donferg1332
Level 2

How to report foreign life insurance on TurboTax? I have the deluxe version, and am only holding a foreign life insurance policy but not receiving any income from it.

No income - no need to report anything

View solution in original post

‎June 3, 2019 11:58 AM
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2 Replies
donferg1332
Level 2

How to report foreign life insurance on TurboTax? I have the deluxe version, and am only holding a foreign life insurance policy but not receiving any income from it.

No income - no need to report anything

‎June 3, 2019 11:58 AM
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Gheeree
New Member

How to report foreign life insurance on TurboTax? I have the deluxe version, and am only holding a foreign life insurance policy but not receiving any income from it.

Isn't it required to report even if no income from life insurance policy if the guaranteed surrender value and balance of other accounts combined, exceed $10,000.
‎June 3, 2019 11:58 AM
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