close
    is beneficiary of life insurance taxable

    +1  Views: 413 Answers: 2 Posted: 12 years ago

    2 Answers

    My answer is, for the most part, no.  That's why such product is very popular these days, especially with the rich people.  Don't Let Barack know about this loophole yet.


     

    EVERYTHING is taxable, even dying! Half the bureaucrats spend their time treying to come up with a way to tax something else. Obama wants to tax mileage you put on your car? I rest my case!


     


    Whip Holt



    Top contributors in Insurance category

     
    ROMOS
    Answers: 15 / Questions: 0
    Karma: 1110
     
    country bumpkin
    Answers: 13 / Questions: 0
    Karma: 795
     
    Colleen
    Answers: 38 / Questions: 0
    Karma: 750
     
    Benthere
    Answers: 1 / Questions: 0
    Karma: 540
    > Top contributors chart

    Unanswered Questions

    90jili
    Answers: 0 Views: 3 Rating: 0
    ok
    Answers: 0 Views: 5 Rating: 0
    phatphongthuytuean
    Answers: 0 Views: 5 Rating: 0
    vsportapp
    Answers: 0 Views: 6 Rating: 0
    Vsport
    Answers: 0 Views: 7 Rating: 0
    W88
    Answers: 0 Views: 21 Rating: 0
    mcw77itcom
    Answers: 0 Views: 18 Rating: 0
    vinbetlife
    Answers: 0 Views: 12 Rating: 0
    > More questions...
    452835
    questions
    719921
    answers
    756439
    users