Question: and $ 5 0 , 0 0 0 for punitive damages. What amount must Paul include in his gross income? Multiple Choice $ 5 ,

and $50,000 for punitive damages. What amount must Paul include in his gross income?
Multiple Choice
$5,500
$20,000
$50,000
$70,000
All of these benefits are included in gross income.
and $ 5 0 , 0 0 0 for punitive damages. What

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