Felicia is covered by a $180000 group term life insurance policy and her daughter is beneficiary . Felicia employer pays the entire cost of the policy for which the uniform annual premium $8 per $1000 of coverage. how much of this premium is taxable to Felicia. 

a) .$0 

b). $640 

c). $1040 

d). $1440 

e). $12480rn

Answer rating: 100% (QA)

1040 Explanation When employer provides life insurance to an employee according to IRS it is c... View the full answer