I took some money out on a modfied state farm life insurance policy of 2500.00 dollars . is that taxable income?

[d-w-d-vet65-67]

no

[Critter]

Maybe ... depends on what the distribution was made of ... your contributions or earnings or a combination of both.  State Farm will send you a form 1099-R showing the total distribution & the taxable portion ... if you have questions on how much is taxable  then direct them to the payer.