If an employer pays the disability income premiums and does not include them in the employee's income, the disability benefits the employee later receives are:

a.Fully deductible by the employee
b.Taxable as income to the employee
c.Received completely income-tax-free
d.Exempt from all federal payroll tax

Explicación

When the employer deducts the premiums and does not tax them to the employee, the resulting benefits are taxable to the employee. The flip side of tax-free premiums is taxable benefits.

Practica las 716 preguntas gratis — sin registro.

Own the complete California Life & Health Insurance Producer Exam guide — PDF + EPUB, $19.99 →

Preguntas relacionadas de este tema

Última revisión: · proceso editorial

Equipo de PrepPass · Verificado con California Life & Health Insurance License Exam · Cómo revisamos
Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)
Reportar