Gordon's family health insurance costs $6,000 annually. Gordon and his wife are in the 24% marginal tax

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Gordon's family health insurance costs $6,000 annually. Gordon and his wife are in the 24% marginal tax rate bracket. His employer offers a cafeteria plan that would allow him to cover the insurance premium.

How much would the insurance coverage effectively cost if he took advantage of his employer's cafeteria plan?

Related Book For answer-question

Introduction To Federal Income Taxation In Canada

ISBN: 9781554965021

33rd Edition

Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett

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Posted Date: Jul 11, 2023 01:22 AM

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Gordon's family health insurance costs $6,000 annually. Gordon and his wife are in the 24% marginal tax

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Introduction To Federal Income Taxation In Canada

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