Question
Joanna received $59,400 compensation from her employer, the value of her stock in ABC company appreciated by $6,000 during the year (but she did not
Joanna received $59,400 compensation from her employer, the value of her stock in ABC company appreciated by $6,000 during the year (but she did not sell any of the stock), she received $26,200 of life insurance proceeds from the death of her husband. What is the amount of Joanna's gross income from these items?
Multiple Choice
- $65,400.
- $85,600.
- $59,400.
- $91,600.
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Taxation Of Individuals And Business Entities 2016
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
7th Edition
ISBN: 9781259425479, 125942121x, 1259334872, 1259425479, 9781259421211, 978-1259334870
