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 $4,900 per month. Sandra owns a $534,000 life insurance policy on her life and her
son is the beneficiary. If Sandra receives $46,000 from the policy to cover her care for the current year in the nursing home, how much
of the $46,000 is taxable to her? (If answer is zero, please enter 0, do not leave any fields blank.)
Taxable income
$
 Your answer is incorrect. Sandra was put in a nursing home

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