Dick pays insurance premiums for his employees. What type of insurance premium is not deductible as compensation paid to the employee?
A) Health insurance with benefits payable to the employee.
B) Whole life insurance with benefits payable to the employee's dependents.
C) Group term life insurance with benefits payable to the employee's dependents.
D) Key man life insurance with benefits payable to Dick.
E) All of the choices are deductible by Dick.
Correct Answer:
Verified
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