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Judy is covered by a $200,000 group-term life insurance policy of which her daughter is the sole beneficiary.Judy's employer pays the entire premium for the
Judy is covered by a $200,000 group-term life insurance policy of which her daughter is the sole beneficiary.Judy's employer pays the entire premium for the policy,for whichthe premium is .75per $1,000per month of coverage.How much,if any,of the cost of the group-term life insurance is excluded from Judy's gross incomeon an annual basis?
$0
$450
$1,350
$1,800
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