• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

1099

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

empire

Junior Member
What is the name of your state? NJ

I will be tranferring/gifting my life insurance a tax deferred annuity to my beneficiary(daughter). Do I get issued a 1099? If so, I guess I pay the tax on the gain, is that true or is their a way to avoid paying any tax? I am dreaming. :D
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top