Marcy works full time and receives free coffee from her employer. Her employer also subsidizes...

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Marcy works full time and receives free coffee from her employer. Her employer also subsidizes a portion of her health insurance. What are the tax implications to Marcy for these benefits? These benefits are generally excluded from the employee's taxable income These benefits are generally excluded from the employee's taxable income if they make less than $80,000 The coffee is generally excludable from the employee's taxable income but the health insurance benefit is always taxable to the employee None of the above are correct

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