Payments up to a total of $5,000 to the beneﬁciaries of a deceased employee by an employer because of that employee's death are excludable from income by the beneﬁciaries if the employee had no right to receive these payments during life.

Question

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Payments made to the beneficiaries of a deceased employee due to their death are excluded from income up to a total of $5,000 when the employee had no right to receive such payments during their lifetime.

Payments Up to a Total of $5,000 to the Beneﬁciaries