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Which of the following might result in life insurance proceeds that are taxable to the recipient? a . A life insurance policy purchased by a
Which of the following might result in life insurance proceeds that are taxable to the recipient?
a A life insurance policy purchased by a taxpayer insuring his or her spouse
b A life insurance policy in which the insured is the son of the taxpayer and the beneficiary is the taxpayer
c A life insurance policy purchased by a corporation insuring an officer
d A life insurance policy transferred by a partner to the partnership
e A life insurance policy transferred to a creditor in payment of a debt
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