Individual Life Insurance
- 保険料(Premiums)は税控除(Tax deductible)の対象外
- 収益(Proceeds)は課税対象(Taxable)ではない
- 収益(Proceeds)は相続税(Estate tax)の対象になる
- Mutual Insurance Companyの保険契約者に支払われる配当(Dividends)は課税されない
Group Life Insurance
雇用主が支払った保険料の一部は、事業費として控除可能
受益者に支払われる収入は課税されない
Modified Endowment Contracts (MEC)
TAMRA1と呼ばれる、IRSによって作成され、連邦によって規制されている税カテゴリー。租税手続法(Technical and Miscellaneous Revenue Act of 1988)
すべての現金価値が付く生命保険に適用される
獲得した利息(interest)は、税金の繰り延べではなくなった
借りたローンは課税対象とみなされる
10％のIRS早期出金に対するペナルティは、59歳1/2未満のときの現金解約に適用される
試験問題サンプル
Q1.Premature IRA distributions are assessed a penalty tax of:
- 0%
- 10%
- 15%
- 20%
A. 10%
Q2.If a corporation pays the premium on a group life policy for its employees, the corporation is required to report how much additional taxable income for each employee?
- The annual premium divided by the number of employees
- The entire premium paid in a year
- Half the premium paid in a year
- Nothing
A. Nothing
Q3.The premiums paid by an employer for his employee’s group life insurance are usually considered to be:
- tax-deductible to the employer
- partially deductible to the employee
- tax-deductible to the employee
- taxable income to the employee
A. tax-deductible to the employer
Q4. ___ of personal life insurance premiums is usually deductible for federal income tax purposes.
- 100%
- 75%
- 50%
- 0%
A. 0%
Q5.Which of these statements is INCORRECT regarding the federal income tax treatment of life insurance?
- Premiums are normally not tax deductible
- Cash dividends are normally not taxed
- Entire cash surrender value is taxable
- Proceeds are received tax-free if there is a named beneficiary
A. Entire cash surrender value is taxable
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