Question
Employee Fringe Benefits Julie lost a hand in a car accident (on her own fault) that caused her to miss work for 6 months. The
Employee Fringe Benefits Julie lost a hand in a car accident (on her own fault) that caused her to miss work for 6 months. The car accident was unrelated to her work. The accident and health insurance policy was purchased (carried) by Julies employer. The premiums paid by Julies employer were $2,000. Julie received $6,000 on an income replacement policy purchased by Julies employer. Finally, Julie collected $30,000, a payment for loss of a hand, according to the insurance policy. How much should be included in Julies gross income? Please Explain briefly
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