JulieSI figured out the point you are making yesterday after inadvertantly adding a second thread. I thought I was sending in a bug notice and it created a seco...
I finally figured it out! By adding the 14K of proceeds from the cash out of the policies, it affected the Social Security taxable amount (inreased).After remov...
HelenC12I did as you suggested prior to asking my initial question. That was how I determined that were being asked to pay 22% rather than 12% on the difference...
Thanks for the response, but at the time of cash in my wife was 64.Regardless, they were long term investments from the 1980's. It seems it should only be taxed...
