Do I pay income tax on as a beneficiary for a life insurance payoff?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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1 Answers
Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
Generally, life insurance proceeds paid to you as a beneficiary are not taxable, unless you bought beneficiary status.
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Answered