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Christie sued her former employer for a back injury she suffered on the job in 2019. As a result of the injury, she was partially
Christie sued her former employer for a back injury she suffered on the job in 2019. As a result of the injury, she was partially disabled. In 2020, she received $240,000 for her loss of future income, $160,000 in punitive damages because of the employer's flagrant disregard for the employee's safety, and $15,000 for medical expenses. The medical expenses were deducted on her 2019 return, reducing her taxable income by $12,000. Christie's 2020 gross income from the above is:
a.$415,000.
b.$172,000.
c.$412,000.
d.$175,000.
e.$255,000.
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