Question: Problem 2 - 1 6 Life Insurance ( LO 2 . 8 ) Deandre died on July 1 , 2 0 2 3 , and

Problem 2-16
Life Insurance (LO 2.8)
Deandre died on July 1,2023, and left Lea, his spouse, a $45,000 life insurance policy which she elects to receive at $9,000 per year plus interest for 5 years. In the current year, Lea receives $9,500.
How much should Lea include in her gross income?
Problem 2 - 1 6 Life Insurance ( LO 2 . 8 )

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