So the $20K this article asserts is B.S.?
“So the $20K this article asserts is B.S.?” Pretty much. To the IRS, the actual premium is 20K, BUT...they then go on with typical loopy IRS math to divide this by that minus the other to arrive at the actual payment, $2600. This is actually in the article.
Now, one question is, does someone else (taxpayers) pay the balance?