Julia, an actress, was nominated for an Academy Award. As a result, she received a swag bag full of various gifts, including jewelry, makeup, artwork, and a trip. Julia must include the value of the swag bag in her gross income. Julia, an actress, was nominated for an Academy Award. As a result, she received a swag bag full of various gifts, including jewelry, makeup, artwork, and a trip. Julia must include the value of the swag bag in her gross income.

Tom is a football player that won the Superbowl MVP award. As part of the award, Tom received a truck. Tom must include the value of the truck in his gross income. 

Tom is a football player that won the Superbowl MVP award. As part of the award, Tom received a truck. Tom must include the value of the truck in his gross income.

Mark is a treasure hunter. Mark went scuba diving at an old shipwreck off the coast of Florida and found a pile of gold coins in the ship. Mark must include the value of the gold coins in his gross income. Mark is a treasure hunter. Mark went scuba diving at an old shipwreck off the coast of Florida and found a pile of gold coins in the ship. Mark must include the value of the gold coins in his gross income.

Melissa's father gave her a new car as a graduation gift. Melissa must include the value of the car in her gross income.