Memo #2 Instructions: Please respond to the following hypothetical questions from your hypothetical client(s). These questions are isolated questions. That is, you should have a separate page for each question. Note, the facts and circumstances below are based on real-world questions that I, and other colleagues, have received as tax professionals. 1. Question #1 Hi CPA, I received $10,000 as a gift from my grandma. Do I have to report this to the IRS? Thanks, Client 2. Question #2 Hi CPA, I won $1,000 dollars in a com hole tournament; do I have to report this as income on my tax return? I received the winnings in cash... does this make a difference? Thanks, Client 3. Question #3 Hi CPA, My poor Basil has had it hard this year. In 2022, I expect to have spent up to $3,500 for chemotherapy. Is it at all possible to include these on my tax return as a deduction? I, also, expect to have spent $25,000 on braces/dental for my three children. Can I deduct these as medical expenses? Thanks, Client