Greg died on July 1, 2015, and left Lea, his wife, a $50,000 life insurance policy which

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Greg died on July 1, 2015, and left Lea, his wife, a $50,000 life insurance policy which she elects to receive at $5,000 per year plus interest for 10 years. In the current year, Lea receives $6,300. How much should Lea include in her gross income?
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Income Tax Fundamentals 2016

ISBN: 9781337343527

34th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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