Question: In 2010, Emil Gow won $5,000 in a state lottery. Also in 2010, Emil spent $400 for the purchase of lottery tickets. Emil elected the

In 2010, Emil Gow won $5,000 in a state lottery. Also in 2010, Emil spent $400 for the purchase of lottery tickets.

Emil elected the standard deduction on his 2010 income tax return. The amount of lottery winnings that should be included in Emil’s 2010 taxable income is

a. $0

b. $2,000

c. $4,600

d. $5,000

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