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While vacationing you find $100 bill on the beach. Nobody saw you find it. Assuming the find meets the definition of gross income, would you
While vacationing you find $100 bill on the beach. Nobody saw you find it. Assuming the find meets the definition of gross income, would you report it as taxable income? Why or why not? Would your answer differ if you found $100,000 instead of $100? Is there a magic amount that would impact your decision to report something as taxable income?
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