Loretta received $6,200 from disability insurance that she purchased directly this year.Loretta must include all $6,200 in her gross income.

Name: Loretta received $6,200 from disability insurance that she purchased directly this year.Loretta must include all $6,200 in her gross income.
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Question

Quizplus · Accepted Answer

Disability insurance benefits that Loretta purchased directly (with after-tax dollars) are generally not taxable and do not need to be included in her gross income.

Loretta Received $6,200 from Disability Insurance That She Purchased Directly