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2. Arthur received the following benefits from his employer, Dragwood Inc. Salary Vacation Pay $35,000 800 Christmas Bonus $35,000 Group insurance Thanks giving Turkey (value)
2. Arthur received the following benefits from his employer, Dragwood Inc. Salary Vacation Pay $35,000 800 Christmas Bonus $35,000 Group insurance Thanks giving Turkey (value) Received from his divorced wife 1,200 150 for life insurance premium 20 $12000 Child support a. How much should be included in Arthur's tax return as gross income? Show computation. b. What amounts should be excluded from his gross income. Show computation. 4
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Becoming An Unstoppable Woman In Finance 29 Strategic Financial Experts
Authors: Hanna Olivas, Adriana Luna Carlos, Heather Stokes, Lisa Chastain, Jennifer Lara, Shannon Lavenia, Althia Lopez, Heather Jackson, Annette Morris, Rebecca Chandler
1st Edition
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