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Lisa is a flight attendant for a major airline. Throughout the current year, she received the following benefits from her employer: Salary $30,000 Free travel
Lisa is a flight attendant for a major airline. Throughout the current year, she received the following benefits from her employer: Salary $30,000 Free travel on planes, when not displacing paying customers 4,000 Scholarship awarded by airline that Lisa works for that was used by Lisas son for his undergraduate tuition 6,125 Group-term life insurance coverage ($50,000 face amount) 550 Most Friendly Flight Attendant Award 150 Free dinners while in flight 600 Total Salary and Benefits $41,425 How much must Lisa include in her current-year gross income
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