Question
Mary slipped on some oil in a parking lot in front of a computer store last July. She broke her ankle and was unable to
Mary slipped on some oil in a parking lot in front of a computer store last July. She broke her ankle and was unable to work for two weeks. She incurred $1,300 in medical costs, all of which were paid by the owner of the store. The store also gave her $1,000 for pain and suffering resulting from the injury. BOOM continued to pay her salary during the two weeks she was unable to work. Winnie had purchased a disability policy that provided her with $1,500 in disability pay for the time she was unable to work.
How much is included in taxable income and are there any deductions?
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