Is the IRS notified when as the sole beneficiary of my mothe

Message

Author

	Add to del.icio.us
	Add to YahooMyWeb
	Add to Simpy
	Add to BlinkList

Posted: Tue Jul 28, 2009 7:51 pm Post subject: Is the IRS notified when as the sole beneficiary of my mothe

Is the IRS notified when as the sole beneficiary of my mother's life insurance policy I receive those proceeds at the time of her death? Could they "take" those proceeds to apply to back taxes that I owe?

initial

New member

Joined: 28 Jul 2009
Posts: 2

1.56 Dollars($)

Posted: Tue Jul 28, 2009 8:01 pm Post subject:

nope _________________ ************************************ Life gaurantees a chance NOT a fair shake ********************************** FIND a way EVERY day to lighten the load of another ************************************

Lori

Moderator

Joined: 10 Sep 2007
Posts: 6810

Location: Missouri
44.12 Dollars($)

Posted: Wed Jul 29, 2009 5:18 am Post subject:

Quote:

Is the IRS notified when as the sole beneficiary of my mother's life insurance policy I receive those proceeds at the time of her death?

What type of proceeds, insurance?

Well, IRS can't directly take the death benefits given to you, but if they have put levy on your bank account, the money can be taken from the account when you deposit the check in it.

jeorge

Senior member

Joined: 07 Oct 2005
Posts: 753

129.23 Dollars($)

Quick Reply

Your Name

Subject

Message body


All times are GMT
Page 1 of 1

Ask Community Experts

Quick Links

Must See

Community

Hot topics in forums

Latest in blogs

We Make You Insurance Smart

Is the IRS notified when as the sole beneficiary of my mothe