is group term life insurance taxable

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Group-Term Life Insurance
Aug 8, 2011 . A taxable fringe benefit arises if coverage exceeds $50000 and the policy is . You can view the Premium Table in the group-term life insurance .
http://www.irs.gov/govt/fslg/article/0,,id=110345,00.html

Publication 15-B (2012), Employer's Tax Guide to Fringe Benefits
Any fringe benefit you provide is taxable and must be included in the . Group- term life insurance coverage (including costs that cannot be excluded from wages) .
http://www.irs.gov/publications/p15b/ar02.html

Calculating the Value of Group Term Life Insurance | Payroll-Taxes ...
Looking for group life term insurance information? Read Calculating the Value of Group Term Life Insurance by Robert W. Ditmer on Payroll-Taxes.com.
http://www.payroll-taxes.com/articles/187-calculating-the-value-of-group-term-life-insurance.htm

  1. Taxes Paid When Employing a Nanny

    • Taxation of Group Term Life Insurance: Why This Employee Benefit ...
      Jan 12, 2010 . An employer may provide group term life insurance to its employees, as well as to former employees, but many employees who receive the .
      http://robert-w-ditmer.suite101.com/taxation-of-group-term-life-insurance-a188109

      Group Term Life Insurance - AXA Equitable
      Group term life insurance is simply term insurance issued to people who belong to a group that . Employers often stop at $50000 of coverage for tax reasons.
      http://www.axa-equitable.com/plan/business/group-term-life-insurance.html

    Child Tax Credit or Dependent Care Account

    • EXCESS GROUP TERM LIFE INSURANCE Group-Term Life - IBS
      Group-Term Life Insurance. The value of employer-provided group-term life insurance up to $50000 is excluded from an employee's income. Taxable Group Life .
      http://www.ibspayroll.com/ibspublic/LinkClick.aspx?fileticket=KA4MNQ73Dco%3D&tabid=91&mid=468

      Group Term Life Insurance Commonly Asked Questions
      Group Term Life Insurance. Commonly Asked Questions. Can employees purchase group term life insurance benefits with pre-tax dollars? Yes, but only under a .
      http://www.probenefitsolutions.com/skin/PDF/Sample3.pdf

    Employee Benefits

    • Imputed Income for Term Life
      The IRS requires you to be taxed on the value of employer-provided group term life insurance over $50000. The taxable value of this life insurance coverage is .
      http://www.osp.state.nc.us/ncflex/FAQs/FAQ_ImputedIncome_TermLifeIns.html

      Code Section 79 & Group Term Life Insurance
      Code Section 79 & Group Term Life Insurance. This bulletin provides general information regarding the tax treatment of group term life insurance. It is not .
      http://usinw.usi.biz/Technical%20Bulletins/CodeSection79_and_GroupTermLifeIns_USI.pdf

    Avoiding Taxes

    • Group Term Life Insurance - Mercer University
      Group Term Life Insurance. Basic Life Insurance. Mercer University provides Basic Life Insurance Coverage equal to your annual salary up to a maximum of .
      http://www.mercer.edu/payroll/GroupTermLife.pdf

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