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10. . Which of the listed items would normally be excluded from an individual's gross income on Form 1040? A door prize won at the

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10. . Which of the listed items would normally be excluded from an individual's gross income on Form 1040? A door prize won at the grand opening of the Ajax Bank & Trust A $100 Amazon gift card given to an employee as a safety award A graduation gift of $500 from the recipient's uncle A ham (value $25) received from an employer at the annual company Christmas party A. Amazon gift card and ham only Ham only C. Ham and graduation gift only D. All four items would be excluded None of the items would be excluded Uow 11. Bronson and Barbara Barns report current year Wages of $10,000 (Bronson), taxable interest income (joint) of $2,100, tax exempt interest income of $400, and Social Security benefits of $30,000 ($11,000 Bronson and $19,000 Barbara). How much, if any, of Bronson and Barbara's Social Security benefit payments will constitute taxable gross income on Form 1040? A. $ 15,000 B. 7,500 C. 12,750 D. 4,250 E. None of the above 12. Which, if any, of the listed expenditure items will be excluded from gross income if paid for by a scholarship awarded to a non-degree student enrolled at Virginia Commonwealth University? Tuition Required textbooks Required supplies Room Board A. Tuition, textbooks, and supplies only Tuition and required textbooks only Tuition only D. All would be excluded None would be excluded . U dwi

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