Manish is a student who began working part-time as a restaurant waiter in October of 20X14. He
Question:
Manish is a student who began working part-time as a restaurant waiter in October of 20X14. He earned the following tips in 20X14, with each month’s tips reported in a schedule submitted to the restaurant’s management by the 10th of the following month:
In addition, Manish received a scholarship in 20X14 which provided $5,000 for tuition, $5,000 for room and board, $1,000 for travel to study abroad, and $1,000 for books.
What total amount from the above should be included in Manish’s 20X14 gross income?
a. $5,765
b. $5,615
c. $6,615
d. $6,765
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The total amount of tips Manish earned in 2014 is 400 215 150 765 Of the scholarsh...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
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South Western Federal Taxation 2016 Individual Income Taxes
ISBN: 9781305393301
39th Edition
Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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