Ben Became Disabled at the End of Last Year

question 32

Multiple Choice

Ben became disabled at the end of last year.In January of the current year, he began to receive $1,500 per month disability payments from a policy that he held through his employer.His employer paid $25 of the monthly premium for the policy and Ben paid $50.How much must Ben include in income in the current year for the disability payments?

• A)$600
• B)$1,500
• C)$6,000
• D)$12,000

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