Ben Was Hospitalized for Back Problems

question 45

Essay

Ben was hospitalized for back problems. While he was away from the job, he collected his regular salary from an employer-sponsored income protection insurance policy. Ben's employer-sponsored hospitalization insurance policy also paid for 90% of his medical expenses. Ben also collected on an income protection policy that he purchased. Which of the above sources of income are taxable? Explain the basis for excluding any item or items.

---

Definitions:

Straight Tracking

The ability of a vehicle to maintain a straight path without constant steering corrections by the driver.

Electronic Stethoscope

An electronic listening tool used to isolate the source of problematic noises.

Gas-Charged Struts

Suspension components that use gas, usually nitrogen, to absorb impact and support the vehicle's weight more efficiently than traditional struts.

Shock Manufacturer

A company that produces shock absorbers, components designed to absorb and dampen shock impulses in vehicles.