1. Matt is a professor at TSU. Matt is a retired executive who does not need his...
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1. Matt is a professor at TSU. Matt is a retired executive who does not need his TSU salary. Each pay period, Matt informs the TSU payroll department to give his pay to a different charity selected by Matt. Is Matt taxed on the TSU salary?
2. Matt is a professor at TSU. Matt is a retired executive who does not need his TSU salary. After working at TSU for one year, Matt tells TSU that he will no longer accept his salary and that the university should “do something worthwhile with the money”. TSU establishes the Matt Scholarship fund and uses Matt’s salary to fund it. Is Matt taxed on the salary?
Related Book For
Understanding Basic Statistics
ISBN: 978-1111827021
6th edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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