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Please answer if true or False 6. A $25 gift card given by an employer to an employee at the annual company Christmas party must
Please answer if true or False
6. A $25 gift card given by an employer to an employee at the annual company Christmas party must be reported as gross income by the recipient employee. 7. Amounts received under workers' compensation insurance acts as compensation for personal injury or sickness are excluded from the recipient's gross income. 8. For federal income tax purposes, income will be taxed to the individual who earned it, unless the individual assigned the income to another party. 9. A security deposit received by a landlord from a tenant is not picked up in the landlord's gross income unless it is to be returned to the tenant upon termination of the lease. 10. Jury duty pay is excluded from gross income
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