Carol spent the last 90 days of 2022 in a nursing home. The cost of the services provided to her was $31,500 ($350 per day). Medicare paid $7,200 toward the cost of her stay. Carol also received $14,360 of benefits under a long-term care insurance policy she purchased. Assume that the Federal daily excludible amount is $390. If the amount is zero, enter 0. What is the effect on Carol's gross income? The amount of her exclusion is $fill in the blank 1 and the amount included in her gross income is $fill in the blank 2 .

Answer rating: 100% (QA)

The effect on Carols gross incom... View the full answer