TaxableGain1035

Description
Taxable Gain 1035

Type : Currency

Definition
The amount of gain that will be currently reported as Federal and State taxable income if this policy is exchanged for a new policy set forth in the U.S. IRS Tax Code 1035. This amount may be different than the gain that would be reported if the policy lapsed or is surrendered. This is a U.S. specific property.

Parents
LifeUSA