Submitted By: Helen
Answered: April 15, 2014 8:30 am
Is the $255 death benefit from Social Security that I received when my spouse died taxable?
No. This lump-sum death payment is tax free.
advertisement
Tax Glossary
Miscellaneous itemized deductions
Generally, itemized deductions for job and investment expenses subject to a 2% of adjusted gross income floor.
More terms
Next Term