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true or false 2. An employee who receives a gift consisting of a $20 gift certificate at Christmas from his/her employer has received gross income

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2. An employee who receives a gift consisting of a $20 gift certificate at Christmas from his/her employer has received gross income in that same amount. 3. A gain or loss on a property transfer between spouses while they are married must be included in gross income of the spouse realizing it. 4. A discharge of indebtedness is generally included as income to the individual whose debt is discharged to the extent that individual is rendered solvent by the discharge. 5. Bond interest income paid to a child who received it via redemption of an interest coupon that had been detached from the bond prior to its maturity and given to the child by the child's parent, who is the owner of the bond, is not taxable to the child. 6. Property transfers between divorcing spouses are taxable to the party making the transfer if the transfer involves the release of support or marital rights. 7. Compensation paid by a municipality for jury duty is included in the recipient's gross income

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