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Required information [The following information applies to the questions displayed below.] For each of the following independent situations, indicate the amount the taxpayer must include
Required information [The following information applies to the questions displayed below.] For each of the following independent situations, indicate the amount the taxpayer must include in gross income: Note: Leave no answer blank. Enter zero if applicable. b. Ted won a compact car worth $20,000 in a TV game show. Ted plans to sell the car next year. Required information [The following information applies to the questions displayed below.] For each of the following independent situations, indicate the amount the taxpayer must include in gross income: Note: Leave no answer blank. Enter zero if applicable. c. Al Bore won the Nobel Peace Prize of $442,500 this year. Rather than take the prize, Al designated that the entire award should go to Weatherhead Charity, a tax-exempt organization. Required information [The following information applies to the questions displayed below.] For each of the following independent situations, indicate the amount the taxpayer must include in gross income: Note: Leave no answer blank. Enter zero if applicable. b. Ted won a compact car worth $20,000 in a TV game show. Ted plans to sell the car next year. Required information [The following information applies to the questions displayed below.] For each of the following independent situations, indicate the amount the taxpayer must include in gross income: Note: Leave no answer blank. Enter zero if applicable. c. Al Bore won the Nobel Peace Prize of $442,500 this year. Rather than take the prize, Al designated that the entire award should go to Weatherhead Charity, a tax-exempt organization
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