Mark's salary for $2022$ is $$125,000,$ and his employer, Facebook, Inc. $($Federal I.D$.$ No$.98-7654321),$ provides him with group term life insurance equal to three times his annual salary. His employer withheld $$24,000$ for Federal income taxes and $$6,000$ for state income taxes. The proper amounts were withheld for FICA taxes.

$$ Is Mark$$s salary taxable? Which line should it be reflected on Form $1040?$

$$ Is the group$-$term life insurance taxable? If so$,$ how do you compute the taxable benefit of the insurance? If you calculate a taxable value, it is part of his compensation and should be added to Mark$$s wages when entering his wages into the software in box $1($i$.$e$.,$ add his wages and taxable value of GTL insurance when entering the amount in box $1$ for wages$).$