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Reply to PennTreaty Policy Buyouts     
Old 08-07-2017, 03:07 PM   #1
Super Genius
 
Join Date: Mar 2012
Posts:82
State: TriciaS is an Insurance Agent from New Jersey
PennTreaty Policy Buyouts PennTreaty Policy Buyouts
If anyone has clients that have received the buyout letters (my understanding is that for once NJ moved quickly, and we are one of the first) but has anybody determined if they are taxable? I called Penn Treaty "I don't know" "call your CPA" and "we are waiting for an IRS ruling" (that they don't expect anytime soon) were the answers I was given. CPA's are calling me!
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