What taxable benefit is added to pay each pay

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Paul works 5 days a week (Monday to Friday), 8 hours per day.  He is paid $27.50 per hour.  He is paid bi-weekly.  His company provides Group Term Life insurance at 2x his annual salary at a cost of $1.09 per month per $1000 of coverage paid for by the employer.

What taxable benefit is added to his pay each pay?

Reference no: EM133207393

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