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Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2019 amounting to $8,000 to cover a 30-day nursing home stay. What amount, if

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Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2019 amounting to $8,000 to cover a 30-day nursing home stay. What amount, if any, must he include in income if actual nursing home costs for the 30 days amounted to $7.500 and the applicable per diem limitation was $370? O A) $0 OB) $500 O C) $7.500 OD) $8,000

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