How is the cost of employer-provided group life insurance with coverage amounts above $50,000 treated for tax purposes?

How is the cost of employer-provided group life insurance with coverage amounts above $50,000 treated for tax purposes?


A) Tax deductible to the employee

B) Partially taxable to the employer

C) Fully taxable to the employer

D) Taxable income to the employee



Answer: D) Taxable income to the employer

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