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Which of the following would result in life insurance proceeds that are taxable to the recipient? a . A life insurance policy in which the
Which of the following would result in life insurance proceeds that are taxable to the recipient?
a A life insurance policy in which the insured is the daughter of the taxpayer and the beneficiary is the taxpayer
b A life insurance policy transferred by a shareholder to a corporation
c A life insurance policy transferred to a creditor in payment of a debt
d A life insurance policy purchased by a taxpayer insuring their business partner
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