Rachel receives employer-provided health insurance. The employer's cost of the health insurance is $6900 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 21 percent and the employer is profitable?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 12DQ
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Rachel receives employer-provided health insurance. The employer's cost of the health insurance is $6900 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 21 percent and the employer is profitable? (Do not use dollar sign or other punctuation.)

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