Keren is an employee of Dimension works Designs in New Mexico who received the following achievement awards from her employer during 2022
paints
Best safety plan, Santa Fe County. Set of golf clubs worth: $1,340
Top emergency plan layout, New Mexico: $1,775
Ten-year employee award: iPad valued at: $785

The achievement awards are eligible under a qualified plan
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How much of the achievement award income is taxable?

Answer rating: 100% (QA)

The amount of taxable income for achievement awards is determined by the IRS guidelines According to ... View the full answer