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bokmarks Window Help CengageNOWV2 | Online teaching eBook Print Item v2.cengagenow.com Mind Tap- Cengage Learning Mtps://cxp-cdn.cengage.info/prot. Discussion Question 3-3 (LO. 1) Indicate whether the
bokmarks Window Help CengageNOWV2 | Online teaching eBook Print Item v2.cengagenow.com Mind Tap- Cengage Learning Mtps://cxp-cdn.cengage.info/prot. Discussion Question 3-3 (LO. 1) Indicate whether the following items are "Included in" or "Excluded from" gross income. a. Alimony payments received (relates to a divorce settlement in 2016). b. Damages award received by the taxpayer for personal physical injury-none were for punitive damages. C. A new golf cart won in a church raffle. d. Amount collected on a loan previously made to a college friend. e Insurance proceeds paid to the taxpayer on the death of her uncle-she was the designated beneficiary under the policy. f. Interest income on City of Chicago bonds. g. Jury duty fees h. Stolen funds the taxpayer had collected for a local food bank drive. Reward paid by the IRS for information provided that led to the conviction of the taxpayer's former employer for tax evasion. An envelope containing $8,000 found (and unclaimed) by the taxpayer in a bus station. 41% Sat 12:39 AM Chegg.com Previous Next>>
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