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giraffe1732
New Member

Are my proceeds from my dad's life insurance policy taxable?

 
2 Replies
DoninGA
Level 15

Are my proceeds from my dad's life insurance policy taxable?

If you are the beneficiary of the life insurance policy, the proceeds are not taxable and not reported on your tax return.

giraffe1732
New Member

Are my proceeds from my dad's life insurance policy taxable?

Thank you!

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