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19. Critical Thinking Pooja's sister (Kiara) became quite ill earlier this year and had extensive medical bills which she could not cover. Kiara's financial problems
19. Critical Thinking Pooja's sister (Kiara) became quite ill earlier this year and had extensive medical bills which she could not cover. Kiara's financial problems were made worse as she had to take a 10-month leave of absence from work. Pooja set up a crowdfunding website to help her sister and raised $80,000; Kiara gave these funds to the hospital to help cover her medical bills. What is the tax treatment of the $80,000 to Kiara? Explain. (LO.2)
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