Question
On June 26, 2012, Bill receives a check for $17,400 from the United Insurance Corporation. Though he was unaware of it, he was designated beneficiary
On June 26, 2012, Bill receives a check for $17,400 from the United Insurance Corporation. Though he was unaware of it, he was designated beneficiary of an insurance policy on the life of his uncle. The policy had a maturity value of $16,980 and his uncle has paid premium of $2,950.
What tax form do I fill out and how?
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ACCA Approved Study Text P7 Advanced Audit And Assurance
Authors: BPP
1st Edition
1472744349, 978-1472744340
