If I cashed in my life insurance policy did not pay taxes and did not get a 1099 or anything where do i claim it
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If I cashed in my life insurance policy did not pay taxes and did not get a 1099 or anything where do i claim it

 
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If I cashed in my life insurance policy did not pay taxes and did not get a 1099 or anything where do i claim it

Life Insurance is a financial product purchased with after-tax dollars.  Therefore, the payout from a life insurance policy is typically a non-taxable, and non-reportable (that is, disclosed on a tax return), event.

Please see Superuser Carl's response to a similar question: https://ttlc.intuit.com/replies/6695050

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