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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: (Leave no answer blank. Enter zero if applicable.) a. Phil won $880 in the scratch-off state lottery. There is no state income tax. Amount to be included b. Ted won a compact car worth $26,800 in a TV game show. Ted plans to sell the car next year. Amount to be included c. Al Bore won the Nobel Peace Prize of $590,000 this year. Rather than take the prize, Al designated that the entire award should go to Weatherhead Charity, a tax-exempt organization. Amount to be included d. Jerry was awarded $3,000 from his employer, Acme Toons, when he was selected most handsome employee for Valentine's Day this year. Amount to be included e. Ellen won a $1,060 cash prize in a school essay contest. The school is a tax-exempt entity, and Ellen plans to use the funds to pay for her college education. Amount to be included f. Gene won $445 in the office March Madness pool. Amount to be included
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