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leg and my left arm. I sued and go th in to pay my psychoththeguy and got SI 1,000 for my medical cupens $3,000 to

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leg and my left arm. I sued and go th in to pay my psychoththeguy and got SI 1,000 for my medical cupens $3,000 to pay my the injuries (I got really depressed!), and I won That'll teach him that he's not so tough withoue this yearfeel a ii t for the e nother bit of bad luck. My uncle Monty died this ya I really liked the ittle guy, but the $200,000 received better about the os eritance I received from him mad stocks and bonds and socked a little into my savings accou received S600 in dividends from the stock, $200 in interes municipal me f e smart thing with the money and invested it m As a result, I from the paying me alimony. She's a lawyer who divorced judge ruled that in interest from my savings My ex-wife, Alice, is still me me in 2015 because I was "unethical" or something like that she had to pay ME that something payments this year. She still kind of likes me, though. She sent $500 as a Christmas gift this year. I didn't get her anything. th imony. Isn't that something? She sent me $3.000 1 me a ch though. So there you go. That's this a nutshel income and complete page 1 of Form 1040 for n is year in a nutshell. Can you figure out my gross e? And since you're a student, this is free, right? Thanks, I owe you one! Let me know if I can gety I owe you one! Let me know if I can get you a six pack of Roca Cola or something. 77. Diana and Ryan Workman were married on January 1 of last year Diana has an tax formseight-year-old son, Jorge, from her previous marriage. Ryan works a s a computer programmer at Datafile Inc. (DI) earning a salary of $96,000. Diana is employed and financial information pertaining to their activities during the current yeat a) Ryan earned a $96,000 salary for the year. b) Ryan borrowed $12,000 from DI to purchase a car. DI charged him 2 pe runs a day care center. The Workmans reported the following rcent nterest ($240) on the loan, which Ryan paid on December 31. DI would have charged R yan $720 if interest had been calculated at the applicable federal interest rate. c) Diana received $2.000 in alimony and $4,500 in child support payments from her former husband. They divorced in 2016. d) Diana won a $900 cash prize at her church-sponsored Bingo game. e) The Workmans received S500 of interest from corporate bonds and $250 of inter ) The couple bought 50 shares of ABC Inc. stock for $40 per share on July 2. The g) Diana's father passed away on April 14. She inherited cash of $50,003 irom her b) The couple spent a weekend in Atlantic City in November and came home with i) Ryan received $400 cash for reaching 10 years of continuous service at DI est from a municipal bond. Diana owned these bonds before she married Ryan. stock was worth $47 a share on December 31. The stock oxid a dividend of $1.00 per share on December l father and his basebail card collection, valued at $2,000 As to heneficiary of her father's life insurance policy, Diana also received $150,000, gross gambling winnings of $1.200 Ryan was hit and injured by a drunk driver while crossing a street at a cross- ity issurance. DI paid the premiums for Ryan, but it reported the amount of th j) He was unable to work for a month. He received $6,000 from his disabil miums as compensation to Ryan on his year-end W-2 k) The drunk driver who hit Ryan in part G) was required to pay his $2000 cal costs, $1,500 for the emotional trauma he suffered from the $5,000 for punitive damages. medi accident, and leg and my left arm. I sued and go th in to pay my psychoththeguy and got SI 1,000 for my medical cupens $3,000 to pay my the injuries (I got really depressed!), and I won That'll teach him that he's not so tough withoue this yearfeel a ii t for the e nother bit of bad luck. My uncle Monty died this ya I really liked the ittle guy, but the $200,000 received better about the os eritance I received from him mad stocks and bonds and socked a little into my savings accou received S600 in dividends from the stock, $200 in interes municipal me f e smart thing with the money and invested it m As a result, I from the paying me alimony. She's a lawyer who divorced judge ruled that in interest from my savings My ex-wife, Alice, is still me me in 2015 because I was "unethical" or something like that she had to pay ME that something payments this year. She still kind of likes me, though. She sent $500 as a Christmas gift this year. I didn't get her anything. th imony. Isn't that something? She sent me $3.000 1 me a ch though. So there you go. That's this a nutshel income and complete page 1 of Form 1040 for n is year in a nutshell. Can you figure out my gross e? And since you're a student, this is free, right? Thanks, I owe you one! Let me know if I can gety I owe you one! Let me know if I can get you a six pack of Roca Cola or something. 77. Diana and Ryan Workman were married on January 1 of last year Diana has an tax formseight-year-old son, Jorge, from her previous marriage. Ryan works a s a computer programmer at Datafile Inc. (DI) earning a salary of $96,000. Diana is employed and financial information pertaining to their activities during the current yeat a) Ryan earned a $96,000 salary for the year. b) Ryan borrowed $12,000 from DI to purchase a car. DI charged him 2 pe runs a day care center. The Workmans reported the following rcent nterest ($240) on the loan, which Ryan paid on December 31. DI would have charged R yan $720 if interest had been calculated at the applicable federal interest rate. c) Diana received $2.000 in alimony and $4,500 in child support payments from her former husband. They divorced in 2016. d) Diana won a $900 cash prize at her church-sponsored Bingo game. e) The Workmans received S500 of interest from corporate bonds and $250 of inter ) The couple bought 50 shares of ABC Inc. stock for $40 per share on July 2. The g) Diana's father passed away on April 14. She inherited cash of $50,003 irom her b) The couple spent a weekend in Atlantic City in November and came home with i) Ryan received $400 cash for reaching 10 years of continuous service at DI est from a municipal bond. Diana owned these bonds before she married Ryan. stock was worth $47 a share on December 31. The stock oxid a dividend of $1.00 per share on December l father and his basebail card collection, valued at $2,000 As to heneficiary of her father's life insurance policy, Diana also received $150,000, gross gambling winnings of $1.200 Ryan was hit and injured by a drunk driver while crossing a street at a cross- ity issurance. DI paid the premiums for Ryan, but it reported the amount of th j) He was unable to work for a month. He received $6,000 from his disabil miums as compensation to Ryan on his year-end W-2 k) The drunk driver who hit Ryan in part G) was required to pay his $2000 cal costs, $1,500 for the emotional trauma he suffered from the $5,000 for punitive damages. medi accident, and

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