Thomas has an individual disability income policy. Of the following statements, which is correct?

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Thomas has an individual disability income policy. Of the following statements, which is correct?

a. Thomas_ premiums are tax-deductible, but benefits are subject to taxation.

b. Premiums cannot be deducted from taxes, but benefits are tax-free.

c. Premiums can be deducted from taxes and benefits are received tax-free.

d. Premiums are not tax-deductible and benefits are subject to taxation.

Answer: b. Premiums cannot be deducted from taxes, but benefits are tax-free.

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