Mark,a cash basis taxpayer,died on September 30,2016.His wife,Charlotte,provides you with the following information.
From January 1,2016 until his death,Mark received a salary of $35,000.Charlotte received a salary of $68,000 during 2016.Mark had earned commissions of $20,000 which Charlotte received after his death.Charlotte was the beneficiary of a $100,000 whole life policy purchased by Mark and a $50,000 group term life insurance policy purchased by Mark's employer.The employer had paid premiums of $250 on Mark's behalf.In addition,the corporation paid Charlotte a $10,000 employee death benefit in Mark's name.All employees' families received similar benefits regardless of financial need.Mark and Charlotte had itemized deductions of $15,600.What is the amount of their taxable income on their 2016 tax return?

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The Answer of Mark,a cash basis taxpayer,died on September 30,2016.His wife,Charlotte,provides you with the following information.
From January 1,2016 until his death,Mark received a salary of $35,000.Charlotte received a salary of $68,000 during 2016.Mark had earned commissions of $20,000 which Charlotte received after his death.Charlotte was the beneficiary of a $100,000 whole life policy purchased by Mark and a $50,000 group term life insurance policy purchased by Mark's employer.The employer had paid premiums of $250 on Mark's behalf.In addition,the corporation paid Charlotte a $10,000 employee death benefit in Mark's name.All employees' families received similar benefits regardless of financial need.Mark and Charlotte had itemized deductions of $15,600.What is the amount of their taxable income on their 2016 tax return?

Mark,a Cash Basis Taxpayer,died on September 30,2016