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