Liza's employer purchased a disability income policy from an insurance company on behalf of all of its employees.The employer paid for two-thirds of the premiums,and the employees paid for the other one-third.Subsequently,Liza received $3,000 per month for 6 months she was unable to work.Liza will be taxed on

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The Answer of Liza's employer purchased a disability income policy from an insurance company on behalf of all of its employees.The employer paid for two-thirds of the premiums,and the employees paid for the other one-third.Subsequently,Liza received $3,000 per month for 6 months she was unable to work.Liza will be taxed on

Liza's Employer Purchased a Disability Income Policy from an Insurance