My parents took out a life insurance policy on me as a baby. It matured this year and the company sent me a check. Is this taxable?

[macuser_22]

Depends.  Did you receive a 1099-R with an amount inbox 2a or box 2b "not determined" checked?

[bakroenig]

I did receive a 1099-R with an amount in 2a but some people tell me I may have received it by mistake.  I called the company yesterday and was told they would return my call in 48 hours.

[NCperson]

the increased value of the policy (think interest over all those years) would be taxable income.