Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lina was transferred by her employer IBM from New York to California during 2019. Lina spent $15,000 in moving expenses. Here employer reimbursed her for
Lina was transferred by her employer IBM from New York to California during 2019. Lina spent $15,000 in moving expenses. Here employer reimbursed her for the entire amount and gave her an additional $10,000 to help her in the rent. Linda's salary excluding all other benefit is $175,000 for 2019. How much Lina s gross income for 2019?
$200,000. | ||
$175,000. | ||
$185,000. | ||
None of these answers. | ||
$190,000. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started