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This Year, Bob, an employee, for the past 10 years, was disabled and was paid $100,000 in disability insurance benefits by the insurance company For
This Year, Bob, an employee, for the past 10 years, was disabled and was paid $100,000 in disability insurance benefits by the insurance company For the past 10 years Bob paid a total for $1,000 of the disability insurance premiums. His employer paid the remaining balance of the premiums for the past 10 years This Year, Bob is required to report to CRA this amount as a taxable employment benefit
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