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Need the answers for 18 and 19 In 2016, Khalid end Rashad had an automobile accident caused by Khalid's negligence. Rashad received $20,000 for the
Need the answers for 18 and 19 In 2016, Khalid end Rashad had an automobile accident caused by Khalid's negligence. Rashad received $20,000 for the loss of income while he was recovering from the accident, $15,000 for medical expenses, and $6,000 punitive damages. The payments were received in 2016. As a result of the above, Rashad;. Must include $41,000 in gross income, but he may be entitled to an itemized deduction for medical expenses. Must include 320,000 in gross income. Must include 36,000 in gross income. Is not required to include any of the above amounts in gross income. None of the above. During the current year, Mike received the following payments: Worker's compensation $1, 200 Reimbursement from his employer's accident and health plan for medical expenses paid by Mike $900 Age discrimination award from his employer $4,00 What is the amount to be included in Mike's gross income for the current year? $0. $4,000. $1, 200. $6, 100. None of the above
Need the answers for 18 and 19
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