IRS Form 8925 Employer Owned Life Insurance Policies

It is not uncommon for a company to take a life insurance policy out on a key employee. If the company does hold policies on its employees, it must disclose information on those policies to the IRS.

Form 8925 is used to report the number of insured persons and the total face value of the policies. Form 8925 is filed with the annual federal tax return for the company.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.