Please complete all of the requirements.
Consider the following scenarios: (Click the icon to view the scenarios.) Requirement For each scenario, indicate the amount that must be included in the taxpayer's gross income. a. Louis was given a $2,500 tuition scholarship to attend Southern Law School. In addition, Southern paid Louis $15,000 per year to work part-time in the campus bookstore.(Assume the tuition scholarship is less than the cost of tuition at Southern Law School. Enter a "0" for any amounts that should not be included in the taxpayer's gross income.) The amount of tuition scholarship that Louis must include in his gross income is The amount of wages from the campus bookstore that Louis must include in his gross income is Enter any number in the edit fields and then click Check Answer. (Click the icon to view the scenarios.) quireme each sc i More Info ouis was 2000 per on at So Louis he cost of ross income.) amoun - amoun a. Louis was given a $2,500 tuition scholarship to attend Southern Law School. In addition, Southern paid Louis $15,000 per year to work part-time in the campus bookstore. b. Martin received a $28,000 football scholarship for attending Valley University The scholarship covered tuition, room and board, laundry, and books. Sixty-five hundred dollars of the scholarship was designated for room and board and laundry. It was understood that Martin would participate in the school's intercollegiate football program, but Martin was not required to do so. c. Western School of Nursing requires all third-year students to work twenty hours per week at an affiliated hospital. Each student is paid $10 per hour. Natalia, a third-year student, earned $11,000 during the year. rany ny Print Done Consider the following scenarios: (Click the icon to view the scenarios.) Requirement For each scenario, indicate the amount that must be included in the taxpayer's gross income. a. Louis was given a $2,500 tuition scholarship to attend Southern Law School. In addition, Southern paid Louis $15,000 per year to work part-time in the campus bookstore.(Assume the tuition scholarship is less than the cost of tuition at Southern Law School. Enter a "0" for any amounts that should not be included in the taxpayer's gross income.) The amount of tuition scholarship that Louis must include in his gross income is The amount of wages from the campus bookstore that Louis must include in his gross income is Enter any number in the edit fields and then click Check Answer. (Click the icon to view the scenarios.) quireme each sc i More Info ouis was 2000 per on at So Louis he cost of ross income.) amoun - amoun a. Louis was given a $2,500 tuition scholarship to attend Southern Law School. In addition, Southern paid Louis $15,000 per year to work part-time in the campus bookstore. b. Martin received a $28,000 football scholarship for attending Valley University The scholarship covered tuition, room and board, laundry, and books. Sixty-five hundred dollars of the scholarship was designated for room and board and laundry. It was understood that Martin would participate in the school's intercollegiate football program, but Martin was not required to do so. c. Western School of Nursing requires all third-year students to work twenty hours per week at an affiliated hospital. Each student is paid $10 per hour. Natalia, a third-year student, earned $11,000 during the year. rany ny Print Done
