Which of the following is excluded from gross income on an individual's 2016 tax return? a. January

Question:

Which of the following is excluded from gross income on an individual's 2016 tax return?
a. January 2017 rent received in December 2016
b. Value arising from personal use of company vehicle in 2016
c. Dividends announced by a C in December 2015 and received in January 2016
d. Refundable security deposit received in January 2016 for a lease ending in July 2017
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...