If an employer pays for the employees long-term care insurance premiums, the employee can exclude from gross

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If an employer pays for the employee’s long-term care insurance premiums, the employee can exclude from gross income the premiums but all of the benefits collected must be included in gross income?

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Related Book For answer-question

Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Posted Date: Feb 05, 2021 09:45 AM

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If an employer pays for the employees long-term care insurance premiums, the employee can exclude from gross

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False Explanation When a long term insurance premium is paid by the employer The premium is exclud... View the full answer

Federal Taxation 2016 Comprehensive

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