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Which of the following is/are accurate? Check all that are accurate. Check All That Apply Julia, an actress, was nominated for an Academy Award. As

Which of the following is/are accurate? Check all that are accurate.

Check All That Apply

  • Julia, an actress, was nominated for an Academy Award. As a result, she received a swag bag full of various gifts, including jewelry, makeup, artwork, and a trip. Julia must include the value of the swag bag in her gross income. Julia, an actress, was nominated for an Academy Award. As a result, she received a swag bag full of various gifts, including jewelry, makeup, artwork, and a trip. Julia must include the value of the swag bag in her gross income.

  • Tom is a football player that won the Superbowl MVP award. As part of the award, Tom received a truck. Tom must include the value of the truck in his gross income. Tom is a football player that won the Superbowl MVP award. As part of the award, Tom received a truck. Tom must include the value of the truck in his gross income.

  • Mark is a treasure hunter. Mark went scuba diving at an old shipwreck off the coast of Florida and found a pile of gold coins in the ship. Mark must include the value of the gold coins in his gross income. Mark is a treasure hunter. Mark went scuba diving at an old shipwreck off the coast of Florida and found a pile of gold coins in the ship. Mark must include the value of the gold coins in his gross income.

  • Melissa's father gave her a new car as a graduation gift. Melissa must include the value of the car in her gross income.

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