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Donald was killed in an accident while he was on the job. Darlene, Donald's wife, received several payments as a result of Donald's death. Review

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Donald was killed in an accident while he was on the job. Darlene, Donald's wife, received several payments as a result of Donald's death. Review the payments below and then enter the amount to be induded in Darlene's gross income in the table provided. a. Donald's employer pald Darlene an amount equal to Donald's three months salary ($60,000), which is what the employer does for all widows and widowers of deceased employees. b. Donald had $20,000 in accrued salary that was paid to Darlene. c. Donald's employer had provided Donald with group term life insurance of $480,000, which was payable to his widow in a lump sum. Premiums on this policy totaling $12,500 had been included in Donald's gross income under 5 79. d. Donald had purchased a life insurance policy (premiums totaled $250,000) that paid $600,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $30,000 each year for a 25-year period. She received her first installment this year an amount is zero, enter "o". Amount Received Amount Taxable Employer payments $0.000 60,000 E Accrued salary, earned before death 420,000 20,000 Group term life insurance proceeds 60,000 Annuity proceeds 30000 Total 3000 Cuck My Want Previous SONY -- Backspace }T LY * _2 G H 1K -- Enter 18 IN IM A Shift

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