TaxMamas TaxQuips: Tax Quips
Loss on Surrender
August 30, 2010
Today TaxMama hears from Karla in the TaxQuips Forum, with this question. “Is the loss on surrender of life insurance deductible on 1040?â€
Dear Karla,
It’s not clear why you would have a loss when you surrender a life insurance policy. Of co
Los Angeles, CA
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