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    4. is beneficiary of life insurance taxable
    is beneficiary of life insurance taxable

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    +1  Views: 523 Answers: 2 Posted: 14 years ago
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      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.


       

      14 years ago. Rating: 3
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        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

        14 years ago. Rating: 0
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