Multiple Choice
Sharisma suffered a serious stroke and was admitted to a nursing home for 140 days.Nursing home charges,including physician fees and other related expenses were $63,000.Under Sharisma's long-term care insurance contract,she received reimbursements of $56,000.How much of the $56,000 reimbursement must be included in Sharisma's gross income in 2017?
A) $0
B) $5,600
C) $56,000
D) $7,000
Correct Answer:
Verified
Correct Answer:
Verified
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