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Turner, Inc., provides group term life insurance to the officers of the corporation only. Janet, a vice-presid?

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Turner, Inc., provides group term life insurance to the officers of the corporation only. Janet, a vice-president, received 0,000 of coverage for the year at a cost to Turner, Inc. of ,600. The Uniform Premiums (based on Janet’s age) are a year for ,000 protection. How much of this must Janet include in gross income this year

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