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14. What's the maximum amount of noncontributory dependent life insurance that can be provided to an...

14. What's the maximum amount of noncontributory dependent life insurance that can be provided to an employee without adverse federal income tax consequences? A. $5,000 B. $2,000 C. $1,000 D. $2,500

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Expert Solution

B. $2,000 is the maximum amount of noncontributory dependent life insurance that can be provided to an employee without adverse federal income tax consequences as per the guidelines.


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