allen
Level 1
 
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sjrcpa
Level 15

Yes. The question asks was there any insurance on the decedent's life, doesn't it?

Whether it is part of the taxable state is another question.


Ex-AllStar

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Marc-TaxMan
Level 8

yes it must be reported. There is a Q about life insurance on decedent.

Who owns the policy?

More interesting is what is value today with 1 death? and who inherits that policy? Will there be estate inclusion on death of #2 of the entire proceeds? Is that an issue?


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