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For each of the items of income below enter the amount that is included in taxable income 8 Workers' compensation payment of $4.000 for a
For each of the items of income below enter the amount that is included in taxable income
8 Workers' compensation payment of $4.000 for a work-related injury $450,000 of proceeds from the sale of a personal residence by a qualified single individual who bought the residence three years 9 ago for $150,000 and has used the home as a principal residence ever since 10 Unemployment compensation benefits of $7,000 11 Land worth $100,000 inherited from grandfather who purchased it 10 years ago for $50,000 12 Life insurance proceeds of $25,000 from death of grandfather State income tax refund of $300 from the prior year's state 13 income tax return (the standard deduction was used in the prior year) 14 Free tablet worth $400 won as a prize in a raffle drawing 23 Family support (alimony and child support), pursuant to a divorce 15 agreement executed before January 1, 2019. of $18.000 (after the child reaches the age of 18. the support drops to $6.000) add photo 1.jfif Type here to search Esc DILStep by Step Solution
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