What form on your 1040 do you need to fill out if you were the benificiary...

What form on your 1040 do you need to fill out if you were the benificiary of your mothers life insurance policy and you received life insurance proceeds of $30,000?

Expert Solution

In such case you need to fill form 712 Life Insurance Statement along with form 1040if your are a beneficiary of your mother's life insurance policy and your received life insurance proceeds of $30000.

ekkarill92 answered 2 years ago

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