On the other hand, they provide relatively reliable
income under most circumstances.
Not exact matches
The
most important thing to understand is that
under certain
circumstances, realized capital gains are subject to a substantially lower tax rate than ordinary
income.
These charts represent your taxable
income which
under most circumstances will be lower than your total
income.
Under most circumstances, a life insurance DEATH BENEFIT is paid to the beneficiary
income tax - free.
If the beneficiary was the estate of the insured and the estate is large enough there could be estate tax consequences but
under most normal
circumstances there is not
income tax on death benefits from a life insurance policy.