Hospitalization insurance premiums for gary and his

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Gary, age 27, is an officer of Blue Company, which provides him with the following nondiscriminatory fringe benefits in 2014:

Hospitalization insurance premiums for Gary and his dependents. The cost of the coverage for Garyis $2,350 per year, and the additional cost for his dependents is $4,475 per year. The plan has a $2,000 deductible, but his employer contributed $1,500 to Gary's Health Savings Account (HSA). Gary withdrew only $700 from the HSA, and the account earned $55 of interest during the year.
Insurance premiums of $775 for salary continuation payments. Under the plan, Gary will receive his regular salary in the event he is unable to work due to illness. Gary collected $5,300 on the policy to replace lost wages while he was ill during the year.
Gary is a part-time student working on his bachelor's degree in engineering. His employer reimbursed his $6,100 tuition under a plan available to all full-time employees.

For each of the following items, enter the amount to be included in Gary's gross income.

Note: If an amount is zero, enter "0".

Reference no: EM13588976

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