Walters, an individual, received the following in 20X13: Considering only the above, what is Walters 20X13 gross
Question:
Walters, an individual, received the following in 20X13:
Considering only the above, what is Walters’ 20X13 gross income?
a. $35,000
b. $36,250
c. $15,000
d. $16,250
Transcribed Image Text:
W-2 income Federal tax refund for 20X12 Scholarship stipend, in return for teaching assistant duties performed Cash inheritance from deceased great-uncle $10,000 1,250 25,000 5,000
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Related Book For
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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