1)During 2020, Kevin received the following items:

$5,000 unemployment compensation

$10,000 inheritance

$20,000 life insurance proceeds on account of mother’s death

How much is Kevin required to include in gross income?

2)

Len Landlord owns an apartment building. During the year hereceived:

Rent payments………………….$10,000

Security deposit………………... 2,500

Advance rent payment…………. 5,000

How much must Len include in income?