Money

By Terry Savage on January 18, 2021 | Investments

Cashed in a MetLife account and went in my checking but later I put it in a CD account. Does count as an income. Thanks

Terry Says

Ask MetLife. In fact, if it was income (earnings on insurance policies may be taxable if the investment was made with after-tax income) then they will send you a 1099, so you can pay taxes on the portion that was interest. That 1099 should arrive by mid-February, That’s when you’ll know for sure!

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