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ARDLH
New Member

Do I need to claim a payout received from my insurance plan for critical care?

I have MetLife Critical Care and had a heart attack, this is covered by my plan and pays out 20K. Do I need to claim this on my taxes?
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MaryK4
Expert Alumni

Do I need to claim a payout received from my insurance plan for critical care?

No, if it was a policy payout and used for qualified expenses, it is not taxable income.  

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MaryK4
Expert Alumni

Do I need to claim a payout received from my insurance plan for critical care?

No, if it was a policy payout and used for qualified expenses, it is not taxable income.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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