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Which of the following are taxable? The Grants also received the following during the year: Interest income from First Kentucky Bank $130 Interest income from

Which of the following are taxable?

The Grants also received the following during the year: Interest income from First Kentucky Bank $130

Interest income from City of Lexington, KY Bond $450

Interest income from U.S. Treasury Bond $675

Interest income from Nevada State School Board Bond $150

Workers compensation payments to Bob $4,350

Disability payments received by Bob due to injury $3,500

National Storage paid 100% of the premiums on the policy and included the premium payments in Bobs taxable wages

Melissa received the following payments due to a lawsuit she filed for damages sustained in a car accident:

-Medical Expenses for physical injuries $2,500

-Emotional Distress (from having been physically injured) $12,000

Punitive Damages $10,000

Total $24,500

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