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S corporation shareholders who own more than 2% of the outstanding stock are eligible for which of the following taxfree benefits? A.exclusion for cafeteria plan

S corporation shareholders who own more than 2% of the outstanding stock are eligible for which of the following taxfree

benefits?

A.exclusion for cafeteria plan benefits

B.group term life insurance exclusion under Sec. 79 for premiums paid for up to $50,000 coverage

C.exclusion from income for premiums paid for accident and health and medical reimbursement plans

D.None of the above.

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