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When would a Discharge of Indebtedness not result in taxable income outside of bankruptcy? If you win a prize from a game show and assign

  1. When would a Discharge of Indebtedness not result in taxable income outside of bankruptcy? 
  2. If you win a prize from a game show and assign it to a charitable organization prior to receiving it, what is the tax treatment?
  3. What is the difference between statutory and non-statutory stock options?
  4. What does the term, "qualified" mean to the IRS?
  5. A bond is purchased between interest dates. The buyer must pay the accumulated interest up-front at time of purchase. When the buyer receives the next interest payment, what is considered interest income?
  6. If a married couple own their personal residence, valued at $300,000 but the mortgage on it is $450,000. Due to declining property values, and the bank offers them the ability to refinance their residence for its value, is any of that discharge taxable income? How much is?
  7. Taxpayer has assets = $10,000 and liabilities = $15,000, determine if taxpayer is insolvent and to which extent
  8. What is the Constructive Receipt Doctrine? 
  9. If I invest in a Mutual Fund and have the income reinvested into it, when is the dividend taxable to me?
  10. What is the tax treament of jury duty?

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