Question
Boudreaux and Maude are trying to calculate their gross income for the current year. Which of the following items should they include in gross income?
Boudreaux and Maude are trying to calculate their gross income for the current year. Which of the following items should they include in gross income? -1- Child support payments in the amount of $15,000 received by Maude from her ex-husband for the support of Maude's minor child Emile. -2- $1,200 in dividends received by Boudreaux and Maude from Mudbugs, Inc., a corporation in which they own 200 shares of stock. -3- Unemployment benefits in the amount of $800 received by Boudreaux from the state of Louisiana. -4- $3,000 that Maude earned selling her homemade andouille sausage.
4 only. | ||
1 and 2. | ||
2, 3, and 4. | ||
1, 2, 3 and 4. |
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