Group term life insurance premiums paid by an employer for insurance amounts less than $50,000 must be included in the employee's income.

Name: Group term life insurance premiums paid by an employer for insurance amounts less than $50,000 must be included in the employee's income.
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Group term life insurance premiums paid by an employer for insurance amounts less than $50,000 are not taxable to employees and do not need to be included in their income.

Group Term Life Insurance Premiums Paid by an Employer for Insurance