Question: An individual performed special valuable services not called for by his employment , in consideration for which his employer agreed to pay him a bonus
An individual performed special valuable services not called for by his employment , in consideration for which his employer agreed to pay him a bonus in an amount to be determined later. After due consideration , however , the firm prefers instead to cement the employee's relation to it by selling him , without any restriction , a block of its stock worth $ 5,000 for $ 1,000 cash . Has the employee thereby received any amount includible in his gross income for the year ?
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