Tax...Insurance Policy...IRS.

Asked over 1 year ago - Houston, TX

I'm a new Permanent Resident of U.S.A.

I have life insurance policies in my name in my country of citizenship.

Do i need to report anything about those policies to IRS?

Attorney answers (2)

  1. Linda Simmons Campbell

    Pro

    Contributor Level 14

    3

    Lawyers agree

    1

    Answered . Are you filling out a financial statement to settle a debt with the IRS? If so, then yes you do need to include the policies if they are whole life policies on your financial statement.

    info@cttaxhelp.com Office number: (860) 255-7423 Website: www.cttaxhelp.com. Our reply to your question has not... more
  2. Michael Glynn Busby Jr.

    Pro

    Contributor Level 19

    1

    Lawyer agrees

    Answered . You post this question in a venue other than family law

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