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40- Emily is covered by her company's health insurance plan. The health insurance costs her company $19,500 a year. During the year, Emily is diagnosed
40-
Emily is covered by her company's health insurance plan. The health insurance costs her company $19,500 a year. During the year, Emily is diagnosed with a serious illness and health insurance pays $80,000 for surgery and treatment.
How much of the insurance and treatment payments are taxable to Emily?
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