Question: Your answer is incorrect. Sandra was put in a nursing home with advanced dementia in early March. The doctors at the nursing home have determined
Your answer is incorrect.
Sandra was put in a nursing home with advanced dementia in early March. The doctors at the nursing home have determined her to be
chronically ill. The monthly care at the facility runs $ per month. Sandra owns a $ life insurance policy on her life and her
son is the beneficiary. If Sandra receives $ from the policy to cover her care for the current year in the nursing home, how much
of the $ is taxable to her? If answer is zero, please enter do not leave any fields blank.
Taxable income
$
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