On February 2021, Rebecca applies is nominated by a third party for the prestigious American Liberty Prize. In July 2021, she wins the prize for her scientific lab work which has led to a cure for a particular type of cancer. The award comes with a $2,000,000 cash prize that Rebecca then donates the funds to a charity for cancer patients. Rebecca is required to attend monthly publicity events for the American Liberty Prize Foundation for the next 3 years as a condition for keeping her award. Is Rebecca required to include the cash award in Gross Income?

Group of answer choices

1.Yes, because she nominated herself for the award.

2.Yes, because she is required to provide future services..

3.No, because the award was a literary award and she gave the money away.

4.No, because literary, charitable, and scientific awards are automatically excluded for Federal Income Tax purposes.