True/False: 1. Under the Tax Cuts and Jobs Act (TCJA) of 2017, the exclusion for qualified moving expenses has been eliminated, except for members of the Armed Forces on active duty. 2. Transfers of property from an employer to an employee can never be excluded from gross income as a gift. 3. Generally, a scholarship recipient can exclude from gross income the amount of the scholarship that is used for tuition and related expenses (fees, books, supplies, equipment for classes). 4 Punitive damages can be excluded from gross income. 5. Workers' compensation payments are excluded from gross income. 6. A deduction for Adjusted Gross Income (AGI) can be claimed whether or not the taxpayer itemizes his or her deductions. 7. Itemized deductions from Adjusted Gross Income (AGI) result in a tax benefit only if, in total, they exceed the taxpayer's standard deduction. 8. year. A loss is not allowed for securities that become completely worthless during the 9. The sale of $ 1244 stock at a loss results in an ordinary loss rather than a capital loss for individuals. 10. Cost recovery begins on the date the asset is placed in service, and not the date the asset is purchased. 11. Compensatory damages must be included in gross income. 12. Supper money and occasional personal use of the office copy machine are examples of di minimis fringes. 13. Stock dividends are excluded from gross income