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LIC tax implications in US

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Topic : LIC tax implications in US

Amit K.
8/28/2014
Member of SeattleIndian.com
City: Sammamish

Housing Community: Bordeaux
Life insurance proceeds are tax free in India on maturity. Any idea if it is taxed in US and has to be declared as foreign income? Also does anyone has any clue as to how to get the LIC money feom India?

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