Solution-How much of the cost must don include in his income

How much of the cost must don include in his income

Reference no: EM132240434

Question - Don Driller, who is 56 years old, is provided with $120,000 of group-term life insurance by his employer. Based on the IRS uniform premium cost table Don's required contribution to the cost of the policy is $0. His employer pays the entire cost. Don was covered for the full 12 months of 2018. How much of the cost must Don include in his income for 2018?

Reference no: EM132240434

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How much of the cost must don include in his income

Reference no: EM132240434

Reference no: EM132240434

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