Chapter 6, Lesson 2 - Dividend Options

Re: Chapter 6, Lesson 2 - Dividend Options

by Jerry Bateman - -
Number of replies: 0

Hey Marie,

The study manual is correct. When dividends are left at interest, the accrued interest is taxable in the year it was credited. Also, the policy owner will most likely receive a 1099-INT from the insurance company. Thank you.

Jerry Bateman