Solved: Re: I received a claim of $2000.00 from Aflac Insu...
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I received a claim of $2000.00 from Aflac Insurance do I need to report the money?

 
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I received a claim of $2000.00 from Aflac Insurance do I need to report the money?

Do you have to claim money from Aflac on taxes?
No, generally. The proceeds of an accident and health policy, like AFLAC are not reportable as income so long as you did not deduct the premiums, and so long as this is not an employer provided fringe benefit.
 
 
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Level 15

I received a claim of $2000.00 from Aflac Insurance do I need to report the money?

Do you have to claim money from Aflac on taxes?
No, generally. The proceeds of an accident and health policy, like AFLAC are not reportable as income so long as you did not deduct the premiums, and so long as this is not an employer provided fringe benefit.
 
 
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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