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In 2012, Joan accepted and received a $10,000 award for outstanding civic achievement. Joan was selected without any action on her part, and no future
In 2012, Joan accepted and received a $10,000 award for outstanding civic achievement. Joan was selected without any action on her part, and no future services are expected of her as a condition of receiving the award. What amount should Joan include in her 2012 gross income in connection with this award? $0?$4000? $5000? $10000
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