Income from life Insurance

My son recently passed away and I am the beneficiary for his Life Insurance policies. Do I declare this as income on my taxes?

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Submitted 357 days ago...

Ruchele

Brain (3,118)

You will get a form from 1099-misc from the insurance company sometime in January, you will use this when doing your taxes the same way you would a W-2.

http://www.irs.gov/pub/irs-pdf/i1099msc.pdf

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