For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect. Justin's employer was downsizing and offered employees an amount equal to one year's salary, $150,000, if he would voluntarily retire.

For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect. Justin's employer was downsizing and offered employees an amount equal to one year's salary, $150,000, if he would voluntarily retire. For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect. Justin's employer was downsizing and offered employees an amount equal to one year's salary, $150,000, if he would voluntarily retire