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by Happy-Dance on April 10th, 2009

Happy-Dance

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My girlfriend received $750,000 in 2008 from the life insurance policy of her late husband..will the I.R.S tax this money?

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  • by weatherman taking week or so off on April 15th, 2009

    weatherman taking week or so off

    Insurance payments to individuals are not taxable. If the insurance went to the deceased's estate, it may be taxable. See an accountant or attorney.

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