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Exam OH-Life-Agent-Series-11-44 All Questions
Exam OH-Life-Agent-Series-11-44 All Questions

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Ohio Department of Insurance OHIO Life Insurance OH-Life-Agent-Series-11-44 Question # 41 Topic 5 Discussion

OH-Life-Agent-Series-11-44 Exam Topic 5 Question 41 Discussion:
Question #: 41
Topic #: 5

Under an executive bonus plan, premiums paid by the employer are


A.

reported as taxable income to the employee.


B.

tax deductible to both the employee and employer.


C.

reported as taxable Income to the employer.


D.

only tax deductible when the bonus is an insurance plan.


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