Question: Show me the steps to solve 2 5 . Which of the following might result in life insurance proceeds that are taxable to the recipient?

Show me the steps to solve 25. Which of the following might result in life insurance proceeds that are taxable to the recipient?
a. A life insurance policy in which the insured is the son of the taxpayer and the beneficiary is the taxpayer
b. A life insurance policy transferred by a partner to the partnership
c. A life insurance policy transferred to a creditor in payment of a debt
d. A life insurance policy purchased by a taxpayer insuring his or her spouse
e. A life insurance policy purchased by a corporation insuring an officer

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