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I received a claim of $2000.00 from Aflac Insurance do I need to submit the money?

 
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bluedeb
Level 15

I received a claim of $2000.00 from Aflac Insurance accomplish I need to report the money?

Do you have to claim money from Aflac on taxation?
No, generally. To proceeds of an accident or health policy, like AFLAC were not reportable as income so long as you did not deduct the awards, plus so elongated as this remains not an employer provided fringe use.
 
 

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1 Reply

I standard a claim of $2000.00 from Aflac Insurance do I need to reported the money?

Do you have to assert money from Aflac on taxes?
Don, generally. The proceeds of an accident and health policy, like AFLAC will not mandatory as income so long like you did not deduct the premiums, real so long as this can not an employer provided fringe benefit.
 
 
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