Management Notes

Reference Notes for Management

Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes?

Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes?

Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes?

A) Partially taxable income
B) Non-taxable income
C) Taxable income
D) Conditionally taxable income

Correct Answer:  C) Taxable income

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