Required information Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following taxpayers? Note: Leave no answers blank. Enter zero if applicable. Problem 5-69 Part c (Algo) Ajax published a story about Pete, and as a result Pete sued Ajax for damage to his reputation. Ajax lost in court and paid Pete an iward of $21,750. Required information Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following taxpayers? Note: Leave no answers blank. Enter zero if applicable. Problem 5-69 Part a (Algo) 1. Janus sued Tiny Toys for personal injuries from swallowing a toy. Janus was paid $33,500 for medical costs and $267,500 for unitive damages. Required information Problem 5-67 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] Terry was ill for three months and missed work during this period. During the illness, Terry received $7,250 in sick pay from a disability insurance policy. What amounts are included in Terry's gross income under the following independent circumstances? Note: Leave no answer blank. Enter zero if applicable. Problem 5-67 Part b (Algo) b. Terry paid $5,350 in premiums for his disability insurance this year. Required information Problem 5-67 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] Terry was ill for three months and missed work during this period. During the illness, Terry received $7,250 in sick pay from a disability insurance policy. What amounts are included in Terry's gross income under the following independent circumstances? Note: Leave no answer blank. Enter zero if applicable. Problem 5-67 Part c (Algo) Terry's employer paid the $5,350 in premiums for Terry, but Terry elected to have his employer include the $5,350 as compensation n Terry's W- 2. Required information Problem 5-71 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] This year, Leron and Sheena sold their home for $729,000 after all selling costs. Under the following scenarios, how much taxable gain does the home sale generate for Leron and Sheena? Assume that the couple is married filing jointly. Note: Leave no answer blank. Enter zero if applicable. roblem 5-71 Part c (Algo) Leron and Sheena bought the home five years ago for $298,000. They lived in the home for three years until they decided to buy a aller home. Their home has been vacant for the past two years. Required information Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following taxpayers? Note: Leave no answers blank. Enter zero if applicable. Problem 5-69 Part d (Algo) d. Bevis was laid off from his job last month. This month he drew $940 in unemployment benefits. Required information Problem 5-71 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] This year, Leron and Sheena sold their home for $729,000 after all selling costs. Under the following scenarios, how much taxable gain does the home sale generate for Leron and Sheena? Assume that the couple is married filing jointly. Note: Leave no answer blank. Enter zero if applicable. Problem 5-71 Part b (Algo) b. Leron and Sheena bought the home one year ago for $486,000 and lived in the home until it sold. Required information Problem 5-69 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] What amounts are included in gross income for the following taxpayers? Note: Leave no answers blank. Enter zero if applicable. Problem 5-69 Part b (Algo) . Carl was injured in a car accident. Carl's insurance paid him $50,700 to reimburse his medical expenses and an additional $25,350 or the emotional distress Carl suffered as a result of the accident. Required information Problem 5-67 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] Terry was ill for three months and missed work during this period. During the illness, Terry received $7,250 in sick pay from a disability insurance policy. What amounts are included in Terry's gross income under the following independent circumstances? Note: Leave no answer blank. Enter zero if applicable. Problem 5-67 Part d (Algo) 1. Terry and his employer share the cost of the disability insurance. Terry's employer paid $4,500 in disability premiums for Terry this ear as a nontaxable fringe benefit, and Terry paid the remaining $850 of premiums from his after-tax salary. Jote: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. Required information Problem 5-67 (LO 5-3) (Algo) [The following information applies to the questions displayed below.] Terry was ill for three months and missed work during this period. During the illness, Terry received $7,250 in sick pay from a disability insurance policy. What amounts are included in Terry's gross income under the following independent circumstances? Note: Leave no answer blank. Enter zero if applicable. roblem 5-67 Part a (Algo) - Terry has disability insurance provided by his employer as a nontaxable fringe benefit. Terry's employer paid $5,350 in disability remiums for Terry this year. Dontae's employer has offered him the following employment package