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Please help ASAP! Determine if the following are included or excluded from gross income. Min receives a $20,000 tuition scholarship to attend State University. A.
Please help ASAP!
Determine if the following are included or excluded from gross income. Min receives a $20,000 tuition scholarship to attend State University. A. Excluded B. Included Sam receives an automobile worth $65,000 for being the MVP of the Super Bowl. Caitlyn receives $3,000 of unemployment. Nora is covered under a $30,000 group life insurance policy from her employer. The employer paid $120 of premiums on the policy. Mary's father gives her $10,000 so that she can purchase a car. Martha gives her attorney an extra $500 because he did an excellent job preparing her will. Henri's aunt died and left him $40,000 in cash and a car worth $22,000. v Payment received for emotional distress due to an automobile accident. Workers' compensation benefits received. Payment of $4,000 by the employer for the employee's health insurance coverage. V Meals received by a nurse at the hospital so she can be on call. Lodging received by a maintenance manager who is not required to live at the apartment complex. An employee is allowed to use the employer's copy machine to make some personal copiesStep by Step Solution
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