where do i put keyman insurance on my taxes

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PostPosted: Mon Feb 15, 2010 6:47 pm   Post subject: where do i put keyman insurance on my taxes  

Where do i put keyman insurance on my return
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PostPosted: Tue Feb 16, 2010 6:21 am   Post subject: Keyman Insurance  

Generally the premiums on this policy are deductible and the proceeds are taxable as the trading receipts of the employer as being compensated for the loss of profits.
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PostPosted: Tue Feb 16, 2010 9:25 pm   Post subject:   

We would need a little more specificity before answering. Keyman premiums paid? Received? Or a benefits from a keyman policy?
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