close
    is beneficiary of life insurance taxable

    +1  Views: 550 Answers: 2 Posted: 14 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

    fly88dealz
    Answers: 0 Views: 8 Rating: 0
    qh888cncom
    Answers: 0 Views: 10 Rating: 0
    xoigacvideo
    Answers: 0 Views: 11 Rating: 0
    mn777vipnet
    Answers: 0 Views: 13 Rating: 0
    nossaapostapt
    Answers: 0 Views: 9 Rating: 0
    xocdia38com1
    Answers: 0 Views: 13 Rating: 0
    s88careers
    Answers: 0 Views: 13 Rating: 0
    > More questions...
    565215
    questions
    779628
    answers
    929003
    users