Which of the following fringe benefits is not excludable from an employee's wages?
a) $2,500 of group term life insurance covering the death of an employee's spouse or dependent.
b) Dependent care assistance of $5,000 provided through a dependent care assistance program.
c) Educational assistance expenses of $5,250 provided through an educational assistance program.
d) Qualified employee discount.
Ans: a) $2,500 of group term life insurance covering the death of an employee's spouse or dependent.
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