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Which of the Following May Be Excluded from Income

Question 45

Multiple Choice

Which of the following may be excluded from income?


A) Payment for the loss of an arm
B) Premiums for health insurance paid by the employer
C) Reimbursement from the insurance company for a physical examination
D) All of the above are excluded from gross income
E) None of the above are excluded from gross income

Correct Answer:

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