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Frank Clarke, an employee of Smithson Company, was covered under a noncontributory pension plan. Frank died on April 15, 2011, at age 64 and pursuant
Frank Clarke, an employee of Smithson Company, was covered under a noncontributory pension plan. Frank died on April 15, 2011, at age 64 and pursuant to the plan, his widow received monthly pension payments of $500 beginning May 1, 2011. In addition, Mrs. Clarke received an employee death payment of $10,000 in May 2011. This nonforfeitable death benefit was part of a group plan. What is the total amount of the above receipts that the widow should exclude from her gross income for 2011
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