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    is beneficiary of life insurance taxable

    +1  Views: 460 Answers: 2 Posted: 13 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



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