You'll need to sign in or create an account to connect with an expert.
A loan from a life insurance policy is not income. Borrowed funds are not taxable income. You have nothing to report.
A loan from a life insurance policy is not income. Borrowed funds are not taxable income. You have nothing to report.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
nikkijosh06
New Member
KarenL
Employee Tax Expert
Sachaaa
Level 1
Perplexed in Los Angeles
Level 2
tae111
Level 2