Imputed income is the value of the income tax the Internal Revenue Service (IRS) puts on group-term life insurance coverage in excess of $50,000. In other words, when the value of the premiums paid ...

The imputed income from company-provided life insurance is not the amount you are insured for, but the cash value of providing the insurance. Section 79 of the Internal Revenue Code provides ...

For Basic Life Insurance and AD&D, if the volume of your life insurance exceeds $50,000, you have the option of limiting your coverage [PDF] to $50,000 in order to avoid imputed income. The imputed ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life ...