Question

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


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  • CreatedJuly 16, 2015
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