Question: ABC Co. provides a generous employee benefits package that includes a life insurance policy and a health and dental policy. How will an employee be

ABC Co. provides a generous employee benefits package that includes a life insurance policy and a health and dental policy. How will an employee be taxed if they use the benefits? Multiple Choice The employee will be taxed on life insurance and health and dental benefits. The employee will be taxed on the life insurance premium but not the health benefits The benefits package is not taxable since the employee would not receive funds. The employee will be taxed on the value of benefits used

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