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choose the correct answer A taxpayer should include which of the following when figuring their federal gross income? 1. Gifts and inheritances. 2. Life insurance

choose the correct answer

A taxpayer should include which of the following when figuring their federal gross income?

1. Gifts and inheritances.

2. Life insurance payments, if paid by reason of the death of the insured.

3. Meals and lodging provided for the convenience of the employer

4. Prizes and awards.

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