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Katelyn, a 33-year-old doctor (not a key employee), is provided with $150,000 of group life insurance in 2016. what is the taxable amount for katelyn's 2016 excess group life insurance benefit?
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Katelyn, a 33-year-old doctor (not a key employee), is provided with $150,000 of group life insurance in 2016. what is the taxable amount for katelyn's 2016 excess group life insurance benefit?

User Henry Boisgibault
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1 Answer

3 votes
Katelyn's taxable amount is $800
User Vkopio
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