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life insurance payout in california
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08-14-2009, 10:35 AM
maui_girl
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life insurance payout in california
If I died and I had a life insurance policy through my company, would that benefit be taxable to my beneficiary through either California Franchise Tax Board or the IRS?
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08-15-2009, 12:08 AM
TaxGuru
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Do you mean the policy is owned and funded by your company?
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