Question: Indicate whether each of the items listed below would be

Indicate whether each of the items listed below would be included (I) in or excluded (E) from gross income for the 2014 tax year.
_______________ a. Welfare payments
_______________ b. Commissions
_______________ c. Hobby income
_______________ d. Scholarships for room and board
_______________ e. $300 set of golf clubs, an employee award for length of service
_______________ f. Severance pay
_______________ g. Ordinary dividend of $50
_______________ h. Accident insurance proceeds
_______________ i. Inheritances
_______________ j. Gifts
_______________ k. Tips and gratuities

View Solution:


Sale on SolutionInn
Sales0
Views270
Comments
  • CreatedJuly 16, 2015
  • Files Included
Post your question
5000