What is the effect on abbeys gross income

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Question

Abbey spent the last 75 days of 2019 in a nursing home. The cost of the services provided to her was $24,375 ($325 per day). Medicare paid $8,800 toward the cost of her stay. Abbey also received $14,720 of benefits under a long-term care insurance policy she purchased. Assume that the Federal daily excludible amount is $370.

If the amount is zero, enter 0.

What is the effect on Abbey's gross income?

The amount of her exclusion is $____________ and the amount included in her gross income is $_____________

Reference no: EM132386236

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