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In 2015 Maria was awarded a nice big bonus by his employer. However, the bonus will be paid in five annual installments beginning in the
In 2015 Maria was awarded a nice big bonus by his employer. However, the bonus will be paid in five annual installments beginning in the year she retires (2021). The company did not set aside any cash or property to fund this nonqualified deferred compensation arrangement. True or False? Maria must include this bonus as taxable income on her 2015 tax return and pay the appropriate amount of income taxes. True False
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