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Fact Pattern Ellie purchases an insurance policy on her life and names her brother, Jason, as the benficiary. Ellie pays $50,000 in premiums for the

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Fact Pattern Ellie purchases an insurance policy on her life and names her brother, Jason, as the benficiary. Ellie pays $50,000 in premiums for the policy during her life. Upon Ellie's death in 2022. Jason collected the death benefit of $750,000. Question How much gross income does Jason report on the receipt of $750,000 in life insurance benefits upon his sister's death

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