This year, Janelle received $340,000 in life insurance proceeds. Under the following scenarios, how much...
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This year, Janelle received $ in life insurance proceeds. Under the following scenarios, how much of the $ is taxable? Note: Leave no answer blank. Enter zero if applicable. c The proceeds related to a life insurance policy she purchased for $ from a friend in need. After purchase, Janelle paid annual premiums that total $ 
This year, Janelle received $ in life insurance proceeds. Under the following scenarios, how much of the
$ is taxable?
Note: Leave no answer blank. Enter zero if applicable.
c The proceeds related to a life insurance policy she purchased for $ from a friend in need. After purchase, Janelle paid annual
premiums that total $
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