Carl filed his tax return, properly claiming the head of household filing status. Carl's employer paid or provided the following to Carl: How much of this income should Carl report (assume benefits are provided on a nondiscriminatory basis)?

Question

Carl filed his tax return, properly claiming the head of household filing status. Carl's employer paid or provided the following to Carl:  How much of this income should Carl report (assume benefits are provided on a nondiscriminatory basis)?

Quizplus · Accepted Answer

Only the wages are taxable. Qualified dependent care services up to $5,000 are not taxable; premiums paid for group term insurance coverage up to $50,000 are not taxable; medical insurance premiums are not taxable.

Carl Filed His Tax Return, Properly Claiming the Head of Household