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Miranda works for a small law firm. The firm is a great company to work for and does its best to take care of its

Miranda works for a small law firm. The firm is a great company to work for and does its best to take care of its employees. On occasion, the firm will make gifts to its employees as a bonus for outstanding performance. In 2019, the firm gifted Miranda $4,000. Does Miranda have any income as a result of these payments?

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