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Poulter
Level 1
Feb 16, 2024 7:10 PM UTC
Question

LIFE INSURANCE

 

CLIENT DIED 10 YEARS AGO. TRUSTEE RECEIVED A CHECK FROM LIFE INSURANCE CO.

LAWYER SAID TO OPEN TRUST AND CLAIM ON TAX RETURN. WHERE DO I PUT IT. ISN;T THIS NON TAXABLE INCOME?

 

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    1 reply

    BobKamman
    BobKamman
    Level 15
    Feb 16, 2024 7:28 PM UTC

    Did they pay interest from date of death?

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