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| Tax Issues Personal and business taxes. Federal, state and local income taxes, sales taxes, etc. |
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Jan 17th, 2008, 10:02 AM
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#1 |
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Junior Member
Last Online:
Jan 22nd, 2008 01:17 AM Join Date: Jan 2008
Posts: 2
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life insurance
i am told if anyone but my wife is the beneficiery of my life insurance including my daughter there can be serious tax issues as with a spouse it is tax free ? Is that correct ?
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Jan 20th, 2008, 06:07 PM
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#2 |
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Top Level Member
Last Online:
Nov 30th, 2008 01:12 PM Join Date: May 2007
Posts: 693
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Re: life insurance
Not necessarily.
...we however normally do not give tax advice on this site; you may check with the IRS directly; or your accountant; or the H & R Block web site for 20 dollars: HR Block Tax Advisor link -- http://www.hrblock.com/taxes/product...p?productId=44 |
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