Problem on premiums on the insurance


Question: Addison works for a company and pays for half of her premiums on the insurance that covers employees who need to have sick pay. This comes from after-tax dollars. She ends up getting sick for a month and receives $6,000 in sick pay. How much of that $6,000 is considered taxable to her? Select one: a. $0 b. $1,500 c. $3,000 d. $6,000

 

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Accounting Basics: Problem on premiums on the insurance
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