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Insurance Dividends |
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Insurance Dividends Amounts paid to policy holders are not dividends on capital stock, but are a rebate of a portion of the premiums paid for the insurance. Such dividends reduce the cost of the insurance and are not taxable unless in excess of the total premiums paid. Interest paid when the dividends are left with the insurance company is reported to the taxpayer as interest and is taxable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Major sources of unearned income: Life insurance dividends, $1,000-$2,500. Major sources of unearned income: Life insurance dividends, $1,001-$2,500. Major sources of unearned income: Life insurance dividends, $1,001-$2,500. |
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