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Split-Dollar Life Insurance


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Guest Patricia22
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How is rollout of split dollar life insurance taxed for income AND for payroll tax purposes? Policy was entered into in the 1990s and is governed by Rev. Rul. 64-328. Policy was not materially modified, and so does not seem to fall under the 'new' rules of the final regs. issued in 2003. I'm having no luck understanding the rules.

Thank you for any guidance.

Pat

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