Andres has received the following benefits this year.
Besides these benefits Andres missed work for two months due to an illness. During his illness Andres received $6,500 in sick pay from a disability insurance policy. Assume Andres has disability insurance provided by his employer as a nontaxable fringe benefit. What amount, if any, must Andres include in gross income this year?
Definitions:
Hypnosis
A trance-like state of focus and concentration achieved with the help of a therapist, used for therapeutic purposes.
Brain Imaging
The use of various techniques to visually capture the structure or function of the brain, often used for diagnostic or research purposes.
Altered Consciousness
A change in one’s normal mental state, possibly due to drugs, trauma, meditation, or sleep deprivation.
FDA
The Food and Drug Administration, a government agency responsible for regulating food, drugs, medical devices, and other health-related products in the United States.
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