Skyler is covered by his company's health insurance plan. The health insurance costs his company $3,500 a year. During the year, Skyler is diagnosed with

Question

27 users unlocked this solution today!

Skyler is covered by his company's health insurance plan. The health insurance costs his company $3,500 a year. During the year, Skyler is diagnosed with a serious illness and the health insurance pays $100,000 for surgery and treatment. How much of the insurance and treatment costs are taxable to Skyler?________________________________________________________
______________________________________________________________________________