Question 1. In 2021, Keith rode in a vanpool to work. Keiths employer paid Keith $5,000 for Keith's participation in the vanpool. The vanpool was a qualified transportation fringe benefit provided by Keiths employer. Question 21 pts In 2021, Keith rode in a vanpool to work. Keiths employer paid Keith $5,000 for Keith's participation in the vanpool. The vanpool was a qualified transportation fringe benefit provided by Keiths employer. How much of the $5,000 does Keith include in his taxable income for 2021 Federal Income Tax?

a. $0

b. $270

c. $1,760

d. $5,000

Question 2: Ryan works for Target. Target offers its employees a discount on merchandise that its employees buys from Target. Ryan bought a television from Target for $1,000. Normally, Target sells the same television to its customers for $2,000. The cost of the television for Target was $1,400. How much does Ryan have to include in his taxable income for Federal Income Taxes, from the purchase of the television from Target?

a. $0

b. $400

c. $600

d. $1,400