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Unlucky Larry was seriously injured while working on the job in June. During the year, he received workers' compensation payments of $10,000, damages for loss

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Unlucky Larry was seriously injured while working on the job in June. During the year, he received workers' compensation payments of $10,000, damages for loss of limb of $5,000, and a punitive settlement of $8,000. How much will be included in taxable income this year? Explain

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