Sigma Company provides its employees with $25,000 of group term life insurance. How much is included in employees’ gross income because of the life insurance?
A. $- 0 -
B. $25,000
C. $50,000
D. The cost of the premium to purchase $25,000 of group term life insurance.
E. The value of the premium to acquire $25,000 of group term life insurance from IRS tables.
Answer: A
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