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How much should Lea include in her gross income

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Problem - Greg died on July 1, 2017, and left Lea, his wife, a $45,000 life insurance policy which she elects to receive at $9,000 per year plus interest for 5 years. In the current year, Lea receives $9,500. How much should Lea include in her gross income?

Reference no: EM132634652

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