Tratamiento FiscalPregunta 461 de 716
Under federal tax rules, employer-paid group term life insurance is income-tax-free to the employee on coverage up to:
a.An unlimited amount of coverage
b.Ten thousand dollars of coverage
c.Two hundred fifty thousand dollars of coverage, with the cost of anything above that amount taxable to the employee
d.Fifty thousand dollars, with the cost of coverage above that amount taxable to the employee as imputed income
Explicación
An employee may receive up to fifty thousand dollars of employer-paid group term life coverage without owing income tax on the premium; for coverage above fifty thousand dollars, the IRS-determined cost of the excess is added to the employee's taxable income as imputed income. The threshold is not ten thousand, two hundred fifty thousand, or unlimited. This fifty-thousand-dollar rule is a frequently tested figure in group life taxation.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)