State statute · Federal sources

Certain amounts paid in connection with insurance contracts

26 U.S.C. s. 264

Publisher: U.S. Government Publishing Office
Edition: U.S. Code
Last checked: 2026-08-31
Status: U.S. Code, public domain

Edition and licensing notes

Publisher. U.S. Government Publishing Office (govinfo.gov)

Edition. U.S. Code (govinfo), retrieved 2026-08-28

Status. U.S. Code, public domain.

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What this document is

26 U.S.C. s. 264: Certain amounts paid in connection with insurance contracts is a state statute published by U.S. Government Publishing Office (govinfo.gov). It is one of the documents that insurance license exam questions are written from, including life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

26 U.S.C. § 264: Subsection (a)(1) (Premiums Where the Taxpayer Is a Beneficiary)
“No deduction shall be allowed for - (1) Premiums on any life insurance policy, or endowment or annuity contract, if the taxpayer is directly or indirectly a beneficiary under the policy or contract. (2) Any amount paid or accrued on indebtedness incurred or continued to purchase or carry a single...”
26 U.S.C. § 264: Subsection (a)(2) (Indebtedness to Carry a Single Premium Contract)
“(2) Any amount paid or accrued on indebtedness incurred or continued to purchase or carry a single premium life insurance, endowment, or annuity contract.”

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Questions about this source

26 U.S.C. s. 264: Certain amounts paid in connection with insurance contracts is a state statute published by U.S. Government Publishing Office (govinfo.gov). Edition: U.S. Code (govinfo), retrieved 2026-08-28.

No. This page summarizes the document and links to the official version. Always rely on the text published by U.S. Government Publishing Office (govinfo.gov) for the current law.

Practice questions for Life & Health cite this document.

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