Quinn, age 43, is an employee of BizzCo Corporation and earns an annual salary of $95,000. Quinn has recently been informed that the company is implementing a group term life insurance plan and will pay the premium for an amount of coverage equal to her salary. What are the tax implications of this benefit for Quinn?

		Quinn will not be taxed on the benefit as long as the plan is nondiscriminatory.
		Quinn will pay tax on an additional $4.50 of income.
		Quinn will pay tax on an additional $54.00 of income.
		Quinn will pay tax on an additional $114.00 of income.