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8:) For each of the following situations, indicate how much the taxpayer is required to include in gross income: (Leave no answer blank. Enter zero
8:) For each of the following situations, indicate how much the taxpayer is required to include in gross income: (Leave no answer blank. Enter zero if applicable.) A:) Steve was awarded a $9,200 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees. Amount to be included:
B:) Hal was awarded a $19,400 scholarship to attend State Hotel School. All scholarship students must work 40 hours per week at the School residency during the term. Amount to be included:
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