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Albert filed his tax return, properly claiming the head of household filing status. Albert's employer paid or provided the following to Carl: Wages $72,000 Fair

Albert filed his tax return, properly claiming the head of household filing status. Albert's employer paid or provided the following to Carl:

Wages

$72,000

Fair market value of qualified dependent care services

4,600

Premiums for $50,000 qualified group term life insurance

450

Medical insurance premiums

1,200

How much of this income should Carl report (assume benefits are provided on a nondiscriminatory basis)?

A) $65,000

B) $72,000

C) $76,600

D) $77,050

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