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Tag Archives: Corporate-owned life insurance

*Tax Quips, Itemized Deductions, Life Insurance, Loss

Loss on Surrender

Posted on August 30, 2010November 5, 2021 by TaxMama

Today TaxMama hears from Karla in the TaxQuips Forum, with this question.  “Is the loss on surrender of life insurance deductible on 1040?”

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Posted in *Tax Quips, Itemized Deductions, Life Insurance, Loss  |  Tagged Corporate-owned life insurance, Finance, Financial economics, Insurance, insurance policy, Internal Revenue Code section 1, Internal Revenue Service, IRS tax forms, Itemized deduction, licensed insurance broker, life insurance, life insurance benefits, life insurance deductible, life insurance policy, Taxation in the United States, United States Leave a comment
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