Which of the following is excluded from gross income on an individual's 2016 tax return? a. 2016
Question:
a. 2016 settlement from an employment discrimination lawsuit
b. Seller of the Year award, in the form of a 2016 all-expenses-paid vacation
c. Qualified stock options awarded in 2013, exercised in 2016
d. Income from the 2016 sale of illegal drugs
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Related Book For
South Western Federal Taxation Individual Income Taxes 2017
ISBN: 9781305873988
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
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