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Employer-paid premiums on life insurance are not taxable to the employees, unless the coverage is in excess of $50,000 $51,000 $5,000 $5, 250 Marie is a graduate student at a state university. In 2015, she received a scholarship of $9,000 ($7,000 for tuition and fees and $2, 500 for campus housing) and a graduate assistantship that pays $6,000. What is the amount that she must report on her tax return? $6,000. $2, 500. $8, 500. $8,000. Life insurance proceeds because of the death of the insured are fully excludable from the gross income of the recipient if the payment is made: Over time. It does not matter how these payments are made. As a lump sum. It does not matter how these payments are made and over time