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Personal life insurance policies where to enter the amounts on income tax return?

 
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Personal life insurance policies where to enter the amounts on income tax return?

Income from a life insurance policy is not taxable.  In the same way, the payments for life insurance are not deductible.

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3 Replies

Personal life insurance policies where to enter the amounts on income tax return?

Income from a life insurance policy is not taxable.  In the same way, the payments for life insurance are not deductible.

Personal life insurance policies where to enter the amounts on income tax return?

Thanks a lot for answering.
Lankymon
New Member

Personal life insurance policies where to enter the amounts on income tax return?

Thank you