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Hal Gore won a $1.05 million prize for special contributions to environmental research. This prize is awarded for public achievement, and Hal directed the awarding
Hal Gore won a $1.05 million prize for special contributions to environmental research. This prize is awarded for public achievement, and Hal directed the awarding organization to transfer $522,500 of the award to the Environmental Protection Agency. How much of the prize should Hal include in his gross income? Multiple Choice $522,500 $527,500 $1,050,000
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